View Policies Current Attempt in Progress Pronghorn, Inc. provided the following information: March April May -/2 = 1 Projected merchandise purchases $70,000 $77,500 $83,500 Pronghorn pays for 40% of merchandise purchases in the month of the purchase and 60% in the following month. General operating expenses are budgeted to be $23,000 per month of which depreciation is $2,200 of this amount. Pronghorn pays operating expenses in the month incurred. Calculate Pronghorn's budgeted cash disbursements for May. Budgeted cash disbursements $ eTextbook and Media Save for Later Attempts: 0 of 3 used Submit