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Ivory Inc. has forecast purchases on account to be $323,000 in March $383,000 in April, $433,000 in May, and $503,000 in June. Seventy percent of

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Ivory Inc. has forecast purchases on account to be $323,000 in March $383,000 in April, $433,000 in May, and $503,000 in June. Seventy percent of purchases are paid for in the month of purchase, the remaining 30% are paid in the following month. What are budgeted cash payments for June? Multiple Choice $482,000 O $302.000 O O $368,000 $453,000

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