Question $2(1$ point$)$

Tough Tillers Inc. makes tillers for small farms. Their inventory purchases budget is shown below:

Sep purchases $$240,000$

Oct purchases $$196,000$

Nov purchases $$229,000$

$25\%$ of purchases are paid in the month of the purchase. The remainder are paid in the next month. Operating expenses were $$222,000$ of which $$50,000$ was depreciation. Tough Tillers will declare and pay a dividend of $$24,000.$

What should they budget for cash payments in November?

Enter as a whole number, no commas and no dollar signs.

Your Answer:

Answer