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Wateredge Corporation has budgeted a total of $353,800 in costs and expenses for the upcoming...

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Accounting

Wateredge Corporation has budgeted a total of $353,800 in costs and expenses for the upcoming quarter. Of this amount, $44,200 represents depreciation expense and $6,500 represents the expiration of prepayments. Wateredge's current payables balance is $257,000 at the beginning of the quarter. Budgeted payments on current payables for the quarter amount to $362,000. The company's estimated current payables balance at the end of the quarter is:

A) $198,100.

B) $301,200.

C) $204,600.

D) $248,800.

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