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Dane Inc. has forecast purchases on account to be $313,000 in March, $371,000 in April, $424,000 in May, and $492,000 in June. Sixty percent of

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Dane Inc. has forecast purchases on account to be $313,000 in March, $371,000 in April, $424,000 in May, and $492,000 in June. Sixty percent of purchases are paid for in the month of purchase, the remaining 40% are paid in the following month. What are budgeted cash payments for April? Multiple Choice $254.800 $121,800 $380,800 $347,800

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