Urban Industries direct materials budget shows the following cost of materials to be purchased for the next three months Haterial purchases June 512.200 July 14,300 August $ 11,210 Payments for purchases are expected to be made 50% in the month of purchase and 50% in the month following purchase The May 31 Accounts Payable balance is 56,400. The expected June 30 Accounts Payable balance in OA $6,400 O57,195 Oc.16.140 O019.340 OES12,250