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Company prepared the following purchases budget:

Month Budgeted Purchases
June $53119
July $63459
August $56620
September $75665
October $70503

All purchases are paid for as follows: 10% in the month of purchase, 50% in the following month, and 40% two months after purchase.

What are the total cash payments made in September for purchases?

Accounting Basics, Accounting

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