Engelbret Enterprises uses the following data to prepare a Cash Payments Budget for each of the following months of operations: January February March Budgeted Manufacturing Costs $520,000 $640,000 $500,000 Depreciation on machines included in above manufacturing costs $20,000 $20,000 $20,000 Accounts payable, Jan 1, 2019 equals $100,000 Payment of manufactures costs on account from prior month's manufacturing costs = 35% and from the current month's sales on account = 65%. Question: Compute the budgeted amount of cash payments for February