In December of 2008,Jones Inc $\begin{array}{lr}\text { January } & \$ 600000 \\\text { February } & 500000 \\\text { March } & 300000\end{array}$

Multiple Choice

In December of 2008,Jones Inc.was formed as a corporation.The company plans to start its operations in early January of 2009.They have the following purchases budgeted for the first quarter of 2009:
$\begin{array}{lr}\text { January } & \$ 600000 \\\text { February } & 500000 \\\text { March } & 300000\end{array}$
Jones has worked out agreements with its various suppliers to pay for one-quarter of a month's purchases each month,beginning in the month of purchase,until the purchases are paid in full.No purchases were made prior to January.
What are total cash disbursements expected for the first quarter of 2009?

A) $425 000
B) $625 000
C) $775 000
D) $350 000