Question $2$

Distribution Corp is estimating the following purchases from July thru September:

July purchases $=$$$500,000$

August purchases $=$$$400,000$

September purchases $=$$$300,000$

The company also estimates that it will pay $50\%$ of the purchases in the month of purchase, $30\%$ in the month after purchase, and $20\%$ in the second month after purchase. What are the estimated cash payments for the month of September?

None of the answers are correct.

$$270,000$

$$300,000$

$$350,000$

$$410,000$