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Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information...

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Accounting

Cascade, Ltd., a merchandising firm, is preparing its cash budget for March. The following information is available concerning its inventories:

Inventories at beginning of March $ 358,750
Estimated purchases for March 1,405,000
Estimated cost of goods sold for March 1,438,000
Estimated payments in March for purchases in February 353,000
Estimated payments in March for purchases prior to February 65,000
Estimated payments in March for purchases in March 70 %

Required:

What are the estimated cash disbursements in March?

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