ABC Company is preparing an Inventory Purchases Budget. Purchases for the current month and expected purchases for the next three months are listed below. June March $380 April $250 May $460 $430 All purchases are made on account. ABC's suppliers require that 60% of purchases on account be paid in the month of purchase. The remaining 40% are paid in the following month. Determine the amount of Accounts Payable ABC Company will report on its June 30 pro forma Balance Sheet. $258 $172 $30 $456