Elizabeth, Inc. is preparing its cash budget for the fourth quarter. The inventory manager advises that materials purchases will be $42250 in October and will increase by 30% for each month thereafter due to the holiday season. Elizabeth's purchases in September were $32500. Sophia pays for purchases 50% in the month after sale and 50% in the 2nd month after the sale. What are Elizabeth's budgeted cash payments for purchases in November? O $37375 O $42250 O $63375 O $47125 Save for Later Attempts: 0 of 1 used Submit