Waterway Industries expects to purchase $190000 of materials in July a

Waterway Industries expects to purchase $190000 of materials in July and $200000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August’s cash disbursements for materials purchases be?

Waterway Industries expects to purchase $190000 of materials in July a

Waterway Industries expects to purchase $190000 of materials in July and $200000 of materials in August. Three-fourths of all purchases are paid for in the month of purchase, and the other one-fourth are paid for in the month following the month of purchase. How much will August’s cash disbursements for materials purchases be?