Stone's Carpeting is preparing a cash flows budget for the year. The following information about quarterly purchases and expenses is available:

	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter
Inventory purchases	$72,000	$80,000	$69,000	$120,000
Facilities costs	20,000	20,000	20,000	20,000
Wages and salaries	27,000	32,000	25,000	44,000
Depreciation	6,000	6,000	6,000	6,000

Based on her review of last year's experience, Ms. Stone determined that 20% of the inventory items were paid for in the month purchased, and the remaining 80% were paid for in the following month. Generally, all other cash expenses are paid in the period incurred. What is the total amount of expected cash payments during the second quarter?

		$131,600
		$129,200
		$125,600
		$123,200
		$119,600