Bramble, Inc. reports all its sales on credit, and pays operating costs in the month incurred. Amounts for 2022 are:

	March	April	May	June	July
Budgeted sales	$300200	$289400	$321000	$279400	$210500
Budgeted purchases	$144200	$119700	$128500	$132200	$89800

	Customer amounts on account are collected 75% in the month of sale and 25% in the following month.
	Cost of goods sold is 65% of sales.
	Bramble purchases and pays for merchandise 35% in the month of acquisition and 65% in the following month.
	Operating expenses are: Salaries, $49400; Depreciation, $13000; Rent, $14000; and Utilities, $13900.
	Accounts payable is used only for inventory acquisitions.

How much is Brambles budgeted balance for Accounts Payable at May 31, 2022?

$77805

$125420

$83525

$44975