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

September	$858,000
October	$924,000
November	$848,000
December	$824,000

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?

rev: 07_16_2018_QC_CS-131469

$329,600

$508,800

$494,400

$824,000