Scan design provided the following budgeted information for april through july: april may june julyprojected sales: $104,000 $123,000 $115,000 $132,000projected merchandise purchases: $82,000 $92,000 $78,000 $66,000i. the cash balance on june 1 is $12,000. the company pays 40% of merchandise purchases in the month purchased and 60% in the following month. ii. general operating expenses are budgeted to be $31,000 per month of which depreciation is $3,000 of this amount. management pays operating expenses in the month incurred. iii. the company makes loan payments of $4,000 per month of which $600 is interest and the remainder is principal. how much are budgeted cash disbursements for june?