Purchases of direct material for May were $110,000, while expected purchases for June and July are $123,000 and $133,000, respectively. All purchases are paid 75% in the month of purchases are paid 75% in the month of purchase and 25% the following month. Calculate the budgeted payments for the month of June. Answer choices A) $113,250 B) $123,000 C) $30,750 D) $119,750