2 A calendar-year company is preparing its cash budget for the purchase of Karmol, a merchandise item. All Karmol is purchased on credit and Accounts Payable is used exclusively to record purchases of Karmol. Budgeted data are presented below: Cost of goods sold for 2021 $360,000 8 02:59:10 Accounts Payable, January 1, 2021 $20,000 Karmol inventory, January 1, 2021 $30,000 Karmol inventory, December 31, 2021 $42,000 Following the company's established practice, purchases of Karmol will be made in twelve equal monthly amounts and each month's purchase will be fully paid for in the following month. Required: What is the budgeted amount of cash that is expected to be paid during 2021 to the Karmol supplier? $ Mc Graw