Risa,Inchas Provided the Following Extracts from Their Budget for the First

question 28

Multiple Choice

Risa,Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: $$\begin{array} { | l | c | c | c | } \hline & \text { Jan } & \text { Feb } & \text { March } \\\hline \text { Purchases on account } & \$ 264,000 & \$ 295,000 & \$ 320,000 \\\hline\end{array}$$ The vendors are allowed the following terms of payment:
$$\begin{array} { | l | r | } \hline \text { Month of purchase } & 30 \% \\\hline \text { First month after the purchase } & 35 \% \\\hline \text { Second month after the purchase } & 35 \% \\\hline\end{array}$$ Calculate the total payment on account for the month of March.

• A)$168,275
• B)$136,955
• C)$320,000
• D)$291,650

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