At
the end of August there was $180,000 in inventory. At the end of
September there was $190,000 in inventory. During August, $100,000
was paid to suppliers for purchases made in August and $10,000 was
paid for purchases made prior to August. September’s cost of goods
sold was $420,000. The company pays for 80% of a month’s purchases
in the month of the purchase and pays 20% in the month following
the purchase. What is the total amount of cash disbursements made
in September for purchases?