Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:

September$990,000October$948,000November$932,000December$940,000

At Adi, 25% of raw materials purchases are normally paid for in the month of purchase. The remaining 75% is paid for in the month following the purchase.

How much cash should Adi expect to pay out for raw material purchases during November?

$944,000

$478,000

$711,000

$233,000