Rolling Wheels purchases bicycle components in the month prior to assembling them into bicycles. Assembly is scheduled one month prior to budgeted sales. Rotting pays 75% of component costs in the month of purchase and 25% of the costs in the following month. Component costs included in budgeted cost of sales are: What is Rolling's budgeted cash payments for components in May?$5, 750 $6, 750 $7, 750 $8,000