A firm policy is to pay for raw material supplies, 20% in the month of purchase and 80% in the following month. Supplies paid for in the month of purchase earns a 5% cash discount. Budgeted purchases...

A firm policy is to pay for raw material supplies, 20% in the month of purchase and 80% in the following month. Supplies paid for in the month of purchase earns a 5% cash discount. Budgeted purchases are as follows:

June            July         August    September

900000,  1100000,    800000,      600000.

What are the budgeted payments to raw material suppliers in the month of August?