Hammond's Cookie oppings makes payments on its inventory purchases as follows: 30% n he month o purchase, 65% n he following month, and 5% n he second month following purchase. Budgeted inventory purchases for June, July, and August are $16,000, $19,000 and $22,000, respectively. What is the budgeted amount of cash payments to account for inventory in August at Hammond's Cookie Toppings? OA. OB. S6.550 $18.250 $2,850 $19,750 C. OD