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7. The following data have been taken from the budget reports of Brandon company,a merchandising company .

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Ja nuary ………….

Pm’C11 1ses

$160,000

Sales

$100,000

Febuary………..

$160,000

$200 000

March ………..…..

$160,000

$240,000

April……………….

$140,000

$300,000

May…..………..….

$140,000

$260,000

June ….…....…..

$120,000

$240,000

Forty percentof purchases are paid for in cash at the time of purchase, and 30% are paid for in each of the next two months.Purchases for the previous Novemberand December were$150,000 per month. Employee wages are 10% of sales for the month in which the sales occur.Selling and administrative expenses are 20% of the following month’ssales. (July sales are budgeted to be $220,000.) Interest payments of $20,000 are paid quarterlyin January and April. Brandon’s cash disbursements for the month of April would be:

A. $140,000

B. $254,000

C.$200,000

D. $248,000

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