Walking Shoes Inc , a manufacturer, reported the following information concerning its purchases from suppliers:

Month	Merchandise Purchases
April	$550,000
May	$450,000
June	$630,000

The company pays sixty percent of all purchases in the month of purchase and the remainder the following month. When payments are made in the month of purchase a 3% discount is taken. Other cash payment include operating expenses of $ 25,000 per month, insurance payments of $3,000 in May and June.

Required:

Prepare expected cash disbursements for May.