On January 1 of the current year, Gotham Corporation has direct materials on hand of $82,000. Of this amount, Gotham owes suppliers $51,000 on account. The company has prepared the following budget estimates for January: Direct materials inventory, 1/31 $ 90,000 Direct materials budgeted for use in January $309,000 Accounts payable to suppliers, 1/31 $ 62,000 Required: Determine the following: (A) Purchases of direct materials budgeted in January (B) Cash payments to suppliers budgeted in January