Donald Company Has the Following Information Purchases Are Paid for in the Following Manner: 10% in }

Multiple Choice

Donald Company has the following information: $$\begin{array}{l}\begin{array} { l r } \text { Month Budgeted} &\text { Purchases }\\\text { January } & \$ 30,000 \\\text { February } & 29,000 \\\text { March } & 30,520 \\\text { April } & 29,480 \\\text { May } & 27,680\end{array}\end{array}$$ Purchases are paid for in the following manner: 10% in the month of purchase
50% in the month after purchase
40% two months after purchase
_____ is the estimated cash disbursement in March from January purchases.

A) $12,000
B) $13,400
C) $3,052
D) $12,208