The Express Company is preparing its cash budget for the month of June. The following information is available concerning its inventories: Inventories at beginning of June $ 82,500 Estimated purchases...

Extracted text: The Express Company is preparing its cash budget for the month of June. The following information is available concerning its inventories: Inventories at beginning of June $ 82,500 Estimated purchases of June Estimated cost of goods sold for June 360,000 367,500 Estimated payments in June for purchases in May Estimated payments in June for purchases prior to May 86,250 45,000 Estimated payments in June for purchases in June 80% What are the estimated cash disbursements for inventories in June? Multiple Choice $419,250. $330,000. $400,490. $426,750.