Burr Inc Provided the Following Information Burr Estimates That It Will Collect 40% of Its Sales

Burr Inc. provided the following information:

$\begin{array}{lll}&\text { July } & \text { August }\\\text { Projected sales } & \$ 220,000 & \$ 260,000 \\\text { Projected merchandise purchases } & \$ 150,000 & \$ 180,000\end{array}$ Burr estimates that it will collect 40% of its sales in the month of sale 35% in the month after the sale and 22% in the second month following the sale. Three percent of all sales are estimated to be bad debts.
$\bullet$ Burr pays 30% of merchandise purchases in the month purchased and 70% in the following month.
$\bullet$ General operating expenses are budgeted to be $20000 per month of which depreciation is $2000 of this amount. Burr pays operating expenses in the month incurred.
$\bullet$ Burr makes loan payments of $3000 per month of which $400 is interest and the remainder is principal.
Instructions
Calculate Burr's budgeted cash disbursements for August.