Alliance Construction is estimating the following raw material purchases for the final four months of the year: September: $800,000 October: $920,000 November: $1,000,000 December: $890,000 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. $623,000 b. $1,590,000 c. $923,000 d. $967,000