Advance Engineering makes payments on its inventory purchases as follows: 30% in the month of purchase, 50% in the following month, and 20% in the second month following purchase. Budgeted inventory purchases for June, July, and August are $50,000, $43,000 and $56,000, respectively. Cash payments for inventory in August are budgeted at ________. $40,500 $51,900 $56,000 $48,300