Alliance Construction is estimating the following raw material purchases for the final four months of the year September $800.000 $920,000 October November. $980,000 December: $920,000 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 O a. $644,000 b. $1,606,000 O c$938.000 O d $962.000