Question: Purchases for May were 100.000, while expected purchases for June and July are 110.000 and 125.000. All purchases are paid 25% in the month of

Purchases for May were 100.000, while expected purchases for June and July are 110.000 and 125.000. All purchases are paid 25% in the month of purchase and 75% the following month. At what amount are June payments for purchases budgeted?

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