Fort Dodge Corporation Has the Following Information Purchases Are Paid for in the Following Manner: 40% in }

Multiple Choice

Fort Dodge Corporation has the following information: $\begin{array}{lr}\text { Month } & \text { Budgeted Purchases } \\\hline \text { August } & \$ 35,000 \\\text { September } & 38,000 \\\text { October } & 47,000 \\\text { November } & 36,500 \\\text { December } & 46,000\end{array}$ Purchases are paid for in the following manner: 40% in the month of purchase
50% in the month after purchase
10% two months after purchase
_____ is the estimated cash disbursement in December from October purchases.

A) $21,750
B) $17,400
C) $4,700
D) $18,400