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Dalton Industries makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase 30.00% Paid in the first month following purchase 60.00% Paid in the second month following purchase 10.00% The purchase budget for the rst quarter is as follows: January February March $192,000 $1?2,000 $222,000 All transactions other than the purchase transactions are cash transactions. Which of the following statements is true? A. O The budgeted Accounts payable at the end of March equals $139,600 0 B. The budgeted cash payment for March equals $66,600 0 C. The budgeted cash payment for March exceeds the accounts payable at the end of $16,400 March by O D. The budgeted Accounts payable at the beginning of March equals $172,600 0 E. The budgeted cash payments for the month of March equals $222,000