Alliance Construction is estimating the following raw material purchases for the final four months of the year: September: $800,000 $920,000 November: $820,000 October: December: $860,000 At Alliance, 30% of raw materials purchases are normally paid for in the month of purchase. The remaining 70% is paid for in the month following the purchase. In Alliance's budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown? Select one: a. $602,000 Ob. $1,434,000 O c. $848,000 O d. $832,000