Purchases of direct material for May were $113,000.00, while expected purchases for June and July are $120,000.00 and $134,000.00, respectively. All purchases are paid 25%in the month of purchase and 75% the following month. Calculate the budgeted payments for the month of June OA. $118,250.00 B. $114,750.00 OC. $120,000.00 O D. $90,000.00