A company pays for its material purchases 30% in the month of purchase and 70% in the month following the purchase. If Januarys material purchases are budgeted to be $40,000 and Februarys material purchases are budgeted to be $50,000, then Februarys budgeted payments (disbursements) for material purchases would be:

Group of answer choices

$50,000

$43,000

$47,000

$35,000.