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Crossley, Inc. has the following information: Month Budgeted Purchases January $134,000...

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Accounting

Crossley, Inc. has the following information:

Month Budgeted Purchases

January $134,000

February 145,000

March 152,600

April 147,400

May 138,400

Purchases are paid for in the following manner:

10 percent in the month of purchase

50 percent in the month after purchase

40 percent two months after purchase

What will be the cash disbursements in March for January purchases?

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