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Trolley Industries expects to purchase $130,000 of materials in March and $140,000 of materials in April. Three-quarters of all purchases are paid for in the

Trolley Industries expects to purchase $130,000 of materials in March and $140,000 of materials in April. Three-quarters of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. In addition, a 2% discount is received for payments made in the month of purchase. How much will April's cash disbursements for materials purchases be?

$95,550

$130,000

$102,900

$135,400

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