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Delleate Inc. has prepared the following purchases budget: Month Budgeted Purchases June $67,000 July 74,500 August 78,700 September 79,500 October 72,400 All purchases are paid

Delleate Inc. has prepared the following purchases budget:

Month

Budgeted Purchases

June

$67,000

July

74,500

August

78,700

September

79,500

October

72,400

All purchases are paid for as follows: 40% in the month of purchase, 50% in the following month, and 10% two months after purchase. Calculate total cash payments made in October for purchases.

a) $76,580

b) $68,710

c) $47,620

d) $36,830

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