Risa, Inc. has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Purchases on account Jan $ 261,000 Feb $293,000 March $310,000

The vendors are allowed the following terms of payment:

Month of purchase 10%

First month after the purchase 35%

Second month after the purchase 35%

Calculate the total payment on account for the month of March.