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Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year. An Adi. 30% of raw materials purchases

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Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year. An Adi. 30% of raw materials purchases are normally paid for the month of purchase. The remaining 70% is paid for in the month following the purchase. In Adi's budgeted balance sheet in December 31, at what amount will accounts payable for raw material's be shown? $760,000 $532,000 $228,000 $588,000

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