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On October 1, Benson Inc. has an Accounts Payable balance of $1,200. If Benson Inc.s budgeted purchases on account during October is $2,300, and Bensons

On October 1, Benson Inc. has an Accounts Payable balance of $1,200. If Benson Inc.s budgeted purchases on account during October is $2,300, and Bensons suppliers require 60% of all purchases on account to be paid during the month of purchase, how much cash payments does Benson Inc. plan to pay during October? Assume no cash purchases.

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$2,580

$1,860

$2,100

$1,920

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