Cash Payments for Inventories. Terry Company is preparing its cash budget for the month of April. The following information is available concerning its inventories. Inventories at beginning of April Estimated purchases for April $90,000 440,000 Estimated cost of goods sold for Apri 450,000 Estimated payments in Apri for purchases in March 75.000 Estimated payments in April for purchases prior to March.. 20.000 75% Estimated payments in April for purchases in Agri Determine the estimated cash payments for inventories in April. (AICPA adapted)