Question 11

Wateredge Corporation has budgeted a total of $366,800 in costs and expenses for the upcoming quarter. Of this amount, $45,500 represents depreciation expense and $7,800 represents the expiration of prepayments. Wateredge's current payables balance is $270,000 at the beginning of the quarter. Budgeted payments on current payables for the quarter amount to $375,000. The company's estimated current payables balance at the end of the quarter is:

11 Wateredge Corporation has budgeted a total of $366,800 in costs and expenses for the upcoming quarter. Of this amount, $45,500 represents depreciation expense and $7,800 represents the expiration of prepayments. Wateredge's current payables balance is $270,000 at the beginning of the quarter. Budgeted payments on current payables for the quarter amount to $375,000. The company's estimated current payables balance at the end of the quarter is: Multiple Choice eBook $315,500. $261,800. C O $208,500. O $216,300