Petrini Corporation makes one product and it provided the following information four months of operations: help prepare the master budget for the next a. The budgeted selling price per unit is $110. Budgeted unit sales for January February, March, and April are 7.500, 10,600, 12,000, and 11700 units, respectively. All sales are on credit b. Regarding credit sales, 30% are collected in the month of the sale and 70% in the following month c. The ending finished goods inventory equals 30% of the following month's sales d. The ending raw materials inventory equals 10% of the following month's raw materials production needs. Each unit of finished goods requires 5 pounds of raw materials. The raw materials cost $4.00 per pound e. Regarding raw materials purchases, 40% are paid for in the month of purchase and 60% in the following month f The direct labor wage rate is $23.00 per hour. Each unit of finished goods requires 26 direct labor-hours. g. Manufacturing overhead is entirely variable and is $8.00 per direct labor-hour. h. The variable selling and administrative expense per unit sold is $170. The fixed selling and administrative expense per month is $70,000 If the budgeted cost of raw materials purchases in February is $222,180, the the budgeted accounts payable balance at the end of February is closest to