Beal Inc Provided the Following Information $\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad \text { March } \quad \text { April } \quad \text { May }$

question 207

Essay

Beal Inc. provided the following information: $\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad \text { March } \quad \text { April } \quad \text { May }$
$\text { Projected merchandise purchases } \quad \$ 65.000 \quad \$ 7 5.000 \quad \$80.000$ $\bullet$ Beal pays 40% of merchandise purchases in the month purchased and 60% in the following month.
$\bullet$ General operating expenses are budgeted to be $20000 per month of which depreciation is $2000 of this amount. Beal pays operating expenses in the month incurred.
Instructions
Calculate Beal's budgeted cash disbursements for May.

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