Boxwood Inc. has forecast purchases on account to be $315,000 in March, $372,000 in April, $424,000 in May, and $494,000 in June. Sixty five percent of purchases are paid for in the month of purchase, the remaining 35% are paid in the following month. What is the budgeted Accounts Payable balance for June 302 Multiple Choice O $172,900 O $275,600 O $321,00 0 $148,400