I need answers ASAP!

Budgeted purchases for the Katie Company for the first quarter of next year are as follows:

		Budgeted Purchases
	January	$50,000
	February	$250,000
	March	$60,000

The company pays for 40% of their purchases in the month of purchase and 60% in the following month.

Budgeted cash payments on accounts payable for February are:

Budgeted purchases for the Katie Company for the first quarter of next year are as follows: Budgeted Purchases January $50,000 February $250,000 March $60,000 The company pays for 40% of their purchases in the month of purchase and 60% in the following month. Budgeted cash payments on accounts payable for February are: Select one: O a. $10,000 O b. None of these O c. $15,000 O d. $25,000 O e. $40,000