Talley Inc $\begin{array}{lr}\text { October } & \$ 230000 \\\text { November } & 300000 \\\text { December } & 375000\end{array}$

question 48

Essay

Talley Inc.had the following purchases budgeted for the last quarter of the current year:
$\begin{array}{lr}\text { October } & \$ 230000 \\\text { November } & 300000 \\\text { December } & 375000\end{array}$

Talley pays for one-quarter of a month's purchases in the month of purchase and the remainder in the following month.What are expected cash disbursements for the month of December?

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