XX company has budgeted its activity for December according to the following information:

1. Sales at aed600,000, all for cash.

2. The cash balance at December 1 was aed15,000.

3. Selling and administrative expenses are budgeted at aed60,000 for December and are paid for in cash. These include aed5,000 depreciation expense for the office equipment. How much are the budgeted cash disbursements for December?

		aed65,000
		aed60,000
		aed15,000
		aed55,000

2.5 points