Galina, Inc. has prepared the following direct materials purchases budget: Budgeted DM Month Purchases June $67,000 July 73,000 August 78,100 September 74,200 October 73,800 All purchases are paid for as follows: 10% in the month of purchase, 40% in the following month, and 50% two months after purchase. Calculate the budgeted balance of accounts payable at the end of October. O A. $66,420 OB. $37,100 O C. $74,000 OD. $103,520