Hardy Companys cost of goods sold is consistently 70% of sales. The company plans ending merchandise inventory for each month equal to 30% of the next months budgeted cost of goods sold. All merchandise is purchased on credit, and 40% of the purchases made during a month is paid for in that month. Another 35% is paid for during the first month after purchase, and the remaining 25% is paid for during the second month after purchase. Expected sales are August (actual), $385,000; September (actual), $410,000; October (estimated), $250,000; and November (estimated), $410,000. Use this information to determine Octobers expected cash payments for purchases.