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5 Dane Inc. has forecast purchases on account to be $315,000 in March, $372,000 in April, $421,000 in May, and $494,000 in June. Sixty percent

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5 Dane Inc. has forecast purchases on account to be $315,000 in March, $372,000 in April, $421,000 in May, and $494,000 in June. Sixty percent of purchases are paid for in the month of purchase, the remaining 40% are paid in the following month. What are budgeted cash payments for April? Multiple Choice $349 200 $256,200 5123200 200

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