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TheSipacoreAntique Mall expects to make purchases in the first quarter of 2021 as follows: January $87,400 February 110,400 March 78,200 Purchases in December 2020 are

TheSipacoreAntique Mall expects to make purchases in the first quarter of 2021 as follows:

January $87,400

February 110,400

March 78,200

Purchases in December 2020 are expected to be $84,400. The company expects that50percent of a month's purchases will be paid in the month of purchase and50percent will be paid in the following month.

Estimate cash disbursements related to purchases for each month of the first quarter of 2021.

Cash disbursements for purchases January February March

Payment of December purchases $ $ $

Payment of January purchases $ $ $

Payment of February purchases $ $ $

Payment of March purchases $ $ $

TOTAL $ $ $

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