Boxwood Inc has forecast purchases on account to be $314,000 in March, $379,000 in April, $421,000 in May, and $499,000 in June. Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What is the budgeted Accounts Payable balance for June 30?

$149,700

$126,300

$349,300

$294,700