Whispering Winds Inc, provided the following information: April May June Projected merchandise purchases $93,000 $82,500 $69,000 Whispering Winds pays for 30% of merchandise purchases in the month of the purchase and 70% in the following month. General operating expenses are budgeted to be $34,500 per month of which depreciation is $3,900 of this amount. Whispering Winds pays operating expenses in the month incurred. Whispering Winds makes loan payments of $5,000 per month of which $550 is interest and the remainder is principal. Calculate budgeted cash disbursements for May. Total budgeted cash disbursements $