Question $13$

$20$ pts

Bonow Corporation is estimating the following purchases in the fourth quarter of $2020$ :

October purchases $=$$$100,000$

November purchases $=$$$75,000$

December purchases $=$$$50,000$

The company estimates that it will pay $60\%$ one month after the purchase and the remaining $40\%$ in the second month after purchase. What are the estimated cash payments for the month of December?

$$90,000$

$$65,000$

$$45,000$

$$85,000$

None of the answers are correct.