5.Afirmhasactualpurchasesof$240,000inOctoberandprojectedpurchasesof$360,000and$300,000inNovemberandDecemberrespectively.Pastexperiencehasshownthat50%ofpurchasesareforcash,40%arepaidinthemonthfollowingthepurchase,andthebalanceispaidtwomonthsafterthepurchase.Thefirm’sforecastcashpaymentsinDecemberare:
