Please explain the answer in very clear steps specially the numbers that I mention from where we bring it

53) Olson Company has the following data April 0,000 220,000 150,000 Purchases are paid as follows 10% in the month of purchase 80% one month after Purchase 10% two months after purchase Required Prepare a schedule of cash disbursements for pu Answer January February rchases for March, April and May March 522,500 152,000$19,000 160,000 176,000 20,000 April May Total Diff: 2 LO: 7-7 AACSB: Analytic skills 194.500 $201.000 Learning Outcome: Discuss basic budgeting concepts and identify and prepare the budgets that comprise the master budget man i00 52 0