Question: need help please The following data have been taken from the budget reports of Kenyon Company, a merchandising company, January February March April May June

The following data have been taken from the budget reports of Kenyon Company, a merchandising company, January February March April May June Purchases $182,000 $182,000 $182,000 $162,000 $162,000 $142,000 Sales $122,800 $222,000 $262,000 $322,000 $282,000 $262,000 Forty percent of purchases are paid for in cash at the time of purchase, and 30% are paid for in each of the next two months Purchases for the previous November and December were $172,000 per month. Employee wages are 10% of sales for the month in which the sales occur Marketing and administrative expenses are 20% of the following month's sales (July sales are budgeted to be $242,000.) Interest payments of $42,000 are paid quarterly in January and April, Kenyon's cash disbursements for the month of April would be (CMA adapted) Multiple Choice
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