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Virginia Enterprises makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 30% Paid in the first month

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Virginia Enterprises makes all purchases on account, subject to the following payment pattern: Paid in the month of purchase: 30% Paid in the first month following purchase: 65% Paid in the second month following purchase: 5% If purchases for April, May, and June were $240,000,$200,000, and $290,000, respectively, what was the firm's budgeted payables balance on June 30? Multiple Choice $203,000. $207,000 $213,000 $219000

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