Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year: September October November December $812,000 $1,108,000 $888,000 $860,000 At Adi, 40% of raw materials purchases are normally paid for in the month of purchase. The remaining 60% is paid for in the month following the purchase In Adi's budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown? O $344,000 O $532,800 O $860.000 O $516,000