The following information is from the manufacturing budget and budgeted financial statements of Altman Corporation:

Direct materials inventory, $\frac{1}{1}$

Direct materials inventory, $12/31$

Direct materials budgeted for use during year

Accounts payable to suppliers, $\frac{1}{1}$

Accounts payable to suppliers, $12/31$

$$79,000$

$$95,000$

$$337,000$

$$47,000$

$$57,000$

For the year, budgeted cash payments to suppliers amounted to:

Multiple Choice

$$343,000$

$$321,000.$

$$353,000.$

$$363,000.$