Boxwood Inc has forecast purchases on account to be $318,000 in March, $371,000 in April, $421,000 in May, and $196,000 in June. Sixty percent of purchases are pald for in the month of purchase, the remaining 40% are peld in the following month. What is the budgeted Accounts Payable balance for June 307 Multiple Choice O $168.400 O $297,600 O $198.400 O $262.600