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Canvas XC Question 31 2.5 pts Att 34 Roarie's Cookie Comany makes payments on its inventory purchases as follows: 30% in the month of purchase,

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Canvas XC Question 31 2.5 pts Att 34 Roarie's Cookie Comany makes payments on its inventory purchases as follows: 30% in the month of purchase, 65% in the following month, and 5% in the second month following purchase. Budgeted inventory purchases for June, July, and August are $$16,000, $19.000 and $22,000, respectively. What is the budgeted amount of cash payments to account for inventory in August at Roarie's Cookie Company? $18,250 $19.750 56550 $2850

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