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Question 8 1 / 1 pts Purchases for May were $100,000, while expected purchases for June and July are $110,000 and $125,000, respectively. All purchases

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Question 8 1 / 1 pts Purchases for May were $100,000, while expected purchases for June and July are $110,000 and $125,000, respectively. All purchases are paid 25% in the month of purchase and 75% the following month. June payments for purchases are budgeted at O $121,250 O $102,500 O $110,000 O $107,500

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