Burr, inc. provided the following information: july august projected sales $220,000 $260,000 projected merchandise purchases $150,000 $180,000 • 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. • burr pays 30% of merchandise purchases in the month purchased and 70% in the following month. • general operating expenses are budgeted to be $20,000 per month of which depreciation is $2,000 of this amount. burr pays operating expenses in the month incurred. • burr makes loan payments of $3,000 per month of which $400 is interest and the remainder is principal. calculate burr's budgeted cash disbursements for august.