Mugwump Company purchased $140,000 of goods in September a…

  Mugwump Company purchased $140,000 of goods in September and expects to purchase $130,000 of goods in October.  Mugwump typically pays for 20% of purchases in the month of purchase and 80% in the following month. Every month, Lambert must make the following payments: Rent — $5,000 Wages — $14,000 Utilities – $3,000 Telephone – $400 Loan on equipment – $1,200 In mid-October, Lambert expects to buy a new computer for $4,500 using the company credit card.  Typically, the credit card bill is paid in full the following month.  September credit card purchases totaled $6,000.  What is Mugwump’s expected cash disbursement for purchases of goods in October?