Merrell Enterprises had the following purchases budgeted for the last six months of 2013: July $100,000 August 80,000 September 90,000 October 70,000 November 90,000 December 100,000 Merrell pays one-half of a month's purchases in the month of purchase and the remainder in the following month. What are expected total cash disbursements for the last quarter of 2013?
A) $210,000
B) $255,000
C) $130,000
D) $260,000
B
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