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The Warrenburg Antique Mall expects to make purchases in the first quarter of 2018 as follows:...

The Warrenburg Antique Mall expects to make purchases in the first quarter of 2018 as follows:

January $95,000

February 120,000

                              March      85,000

Purchases in December 2017 are expected to be $92,000. The company expects that 50 percent of a month's purchases will be paid in the month of purchase and 50 percent will be paid in the following month.

Estimate cash disbursements related to purchases for each month of the first quarter of 2018.
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