COVID 19 Co has forecast purchases on account to be $312,000 in March, $377,000 in April, $421,000 in May, and $499,000 in Sixty percent of purchases are paid for in the month of purchase, the remaining 40% are paid in the following month. What budgeted cash payments for May? 50 n Select one: O a $351,000 O b. $384.000 C$403.400 O d. $125,000