A company has budgeted direct materials purchases of $$360000$ in July and $$530000$ in August. Past experience indicates that the company pays for $70\%$ of its purchases in the month of purchase and the remaining $30\%$ in the next month. All selling and administrative expenses are paid in cash as incurred. During August, the following items were budgeted:

$\backslash$table$[[$Wages Expense,$$170000$