The following information is available:

Sales in the initial months are expected to be:

April 72,500
May 66,000
June 60,000
July 50,000

1) Raw Materials constitute 60% of sales
2) All purchases are to be made on account
3) All purchases are made a month before the expected sale.
4) 40% is to be paid on spot
5) The balance would be paid in the next two months in equal installments.

Based on the above please prepare cash disbursement budget (purchases)
For May and June