LPD Logistics, Inc.s projected sales for the first six months of are given below.

Jan.

$

April

$

Feb.

$

May

$

Mar.

$

June

$

of sales are collected in the month of the sale, are collected in the month following the sale, and are written off as uncollectible. Cost of goods sold is of sales. Purchases are made the month prior to the sales and are paid during the month the purchases are made ie goods sold in March are bought and paid for in February Total other cash expenses are $month

The company\'s cash balance as of February will be $ Excess cash will be used to retire short term borrowing if any

LPD has no short term borrowing as of February Assume that the interest rate on short term borrowing is per month. The company must have a minimum cash balance of $ at the beginning of each month. What is LPDs projected total disbursements