Blake Sodas, Inc. has budgeted direct materials inventory purchases as follows: April: $500,000 May: $400,000 June: $300,000 Blake Sodas, Inc. pays for 20% of their purchases during the month of purchase, 70% during the month following the purchase, and the remaining 10% two months after the month of purchase. What is the budgeted accounts payable balance on June 30? $390,000 $280,000 $300,000 $330,000