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Wateredge Corporation has budgeted a total of $368,800 in costs and expenses for the upcoming quarter. Of this amount, $45,700 represents depreciation expense and $8,000
Wateredge Corporation has budgeted a total of $368,800 in costs and expenses for the upcoming quarter. Of this amount, $45,700 represents depreciation expense and $8,000 represents the expiration of prepayments. Wateredge's current payables balance is $272,000 at the beginning of the quarter. Budgeted payments on current payables for the quarter amount to $377,000. The company's estimated current payables balance at the end of the quarter is: Multiple Choice O O $218,100. O $210,100. $263,800. O $317,700. O
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