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4. BioTronix Labs reports the following purchase information for the most recent reporting period: Apr May June Purchases $325,000 $400,000 $475,000 April was the first

4. BioTronix Labs reports the following purchase information for the most recent reporting period:

Apr May June

Purchases $325,000 $400,000 $475,000

April was the first month of operations for BioTronix Labs. BioTronix makes cash payments of 35 percent of its purchases in the month of the purchase and 65 percent the following month. There are no bad debts. Compute the companys cash payments for June.

A) $475,000

B) $426,250

C) $351,250

D) $780,000

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