Wateredge Corporation has budgeted a total of $355,800 in costs and expenses for the upcoming quarter. Of this amount, $44,400 represents depreciation expense and $6,700 represents the expiration of prepayments. Wateredge's current payables balance is $259,000 at the beginning of the quarter. Budgeted payments on current payables for the quarter amount to $364,000. The company's estimated current payables balance at the end of the quarter is:

$303,400.

$206,400.

$199,700.

$250,800.