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Nordiac Inc. makes all purchases on account, subject to the following budgeted payment pattern: 30% of purchases are paid in the month of purchase; 60%

Nordiac Inc. makes all purchases on account, subject to the following budgeted payment pattern: 30% of purchases are paid in the month of purchase; 60% are paid in the first month following purchase; 10% are paid in the second month following purchase. If purchases for January, February and March are $200,000, $180,000 and $240,000 respectively, what would be Nordiac's budgeted account payables balance on March 31?

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