Expected purchases for June and July are $75,000 and $88,000, respectively. Purchases for May were $55,000. All purchases are paid 40% in the month of purchase and 60% the following month. At what amount are June payments for purchases budgeted? A. $87,200 B. $98,200 C. $67,000 D. $63,000 ... Expected purchases for June and July are $75,000 and $88,000, respectively. Purchases for May were $55,000. All purchases are paid 40% in the month of purchase and 60% the following month. At what amount are June payments for purchases budgeted? A. $87,200 B. $98,200 C. $67,000 D. $63,000 ...