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Wateredge Corporation has budgeted a total of $370,800 in costs and expenses for the upcoming...

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Accounting

Wateredge Corporation has budgeted a total of $370,800 in costs and expenses for the upcoming quarter. Of this amount, $45,900 represents depreciation expense and $8,200 represents the expiration of prepayments. Wateredge's current payables balance is $274,000 at the beginning of the quarter. Budgeted payments on current payables for the quarter amount to $379,000. The company's estimated current payables balance at the end of the quarter is:

$265,800.

$319,900.

$219,900.

$211,700.

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