Boxwood Inc. has forecast purchases on account to be $313,000 in March. $371,000 in April, $424,000 in May, and $492,000 in June. Sixty percent of purchases are paid for in the month of purchase, the remaining 40% are paid in the following month. What is the budgeted Accounts Payable balance for June 30? Multiple Choice $254.400 $196,800 O $169,600 $295,200