Trescot, Inc. provided the following information: June July August September Projected sales $120,000 $110,000 $130,000 $100,000 Projected merchandise $76,000 $65.000 $70,000 $58,000 purchases Trescot pays 30% of merchandise purchases in the month purchased and 70% in the following month. General operating expenses are budgeted to be $20,000 per month of which depreciation is $2,000 of this amount. Trescot pays operating expenses in the month incurred. Trescot makes loan payments of $3,000 per month of which $400 is interest and the remainder is principal. . Calculate Trescot's budgeted cash disbursements for August