(Answered) Weisbro and sons purchases its inventory one quarter prior

Statistics

Weisbro and Sons purchases its inventory one quarter prior to the quarter of sale. The purchase price is 58% of the sales price. The accounts payable period is 39 days.

What is the amount of the expected disbursements for quarter two given the following expected quarterly sales? Assume a 360-day year. (Round answer to 0 decimals, do not round intermediate calculations)

Quarter 1 $25,000

Quarter 2 $35,000

Quarter 3 $44,000

Quarter 4 $55,000

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