Cedar Company has forecast purchases to be $338,000 in June, $377,000 in July, $319,000 in August, and $275.000 in September. Purchases average 35% paid in cash and 65% paidi on credit. Credit purchases are paid 65% in the month of purchase, 20% during the month following. and 15% the second month following the purchase. Budgeted cash payments for September would be: Multiple Choice $297,415 $118.315 $290,665 $85.915