Alliance Construction is estimating the following raw material purchases for the final four months of the year: September: $800,000 October: $960,000 November: $300,000 December: $760,000 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. How much cash should Alliance expect to pay out for the raw material purchases during November? Select one: O a. $762,000 o b. $462,000 O c. $378,000 od. $498,000