With Full Formulas and Explanations please!!!!!!!!!!!!!!!!!!!!!!!!!!!!

(10 POINTS) Henry Stores has projected purchases of $250,000 for January, $300,000 for February, $400,000 for March, and $250,000 for April. Henrys purchase contracts specify that 50% must be paid in the month of purchase, 40% in the 1^st month following, and 10% in the 2^nd month following. What is Henrys projected cash disbursements for April?

ANSWER: ___________________

	From	Jan	Feb	March	April
	Jan
	Feb
	March
	April