Please show detailed help with steps and where and why each number is and comes from.

The data below regards The Bag House, a store that sells bags.

Budgeted Sales (credit) : For January, February, and March, are $420,000, $310,000, and $280,000.

Budgeted Collections : 60% in month of sale, 30% in following month, and 10% uncollectible

Cost of Goods sold : 50% of sales

Purchases of Merchandise: 30% in month prior to sale, and 70% in month of sale

Payment for Purchases : 80% in month of purchase and 20% in following month

Selling and Admin Costs : $32,500 paid in cash monthly

Depreciation of Equipment : $21,500 monthly

Question : What is the cash disbursement for purchases of merchandise in February?

A) 165,500 B) 159,100 C) 149,750 D) 153,000 E) None