Question 28 (2.5 points) Burgundy Ltd/5 budgeted sales and I . purchases for the last 4 month i ' ' expecting to make all of its sales on credit. 5 U 2022 are below.The ' Sgpggmpg; October November December Budgeted sales $100,000 $80,000 $150,000 $120,000 Budgeted purchases $70,000 $55,000 $125,000 $110,000 I (Luatomnr amounts on account are collected 70% in the month of sale, 10% in the month follawl sale. and 5"" in the second month following sale. - 1 he company purchases and pays for merchandise 60% in the month of acquisition and 40% in th lolluwlng month. - Armums payable is used only for purchases related toinventory. What ls the total budgeted payment to suppliers for the month at October? l 13.28300 l ;533,000 r a $51,000