Current Attempt in Progress

Blue Spruce Inc. provided the following information:

Blue Spruce 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 $$33,500$ per month of which depreciation is $$3,700$ of this amount. Blue

Spruce pays operating expenses in the month incurred.

Blue Spruce makes loan payments of $$4,500$ per month of which $$450$ is interest and the remainder is principal.

Calculate budgeted cash disbursements for May.

Total budgeted cash disbursements $

Attempts: $0$ of $3$ used