11. Terrapins Company, a retailer, has the following data concerning its purchases of merchandise: October - actual.. November - actual. December - budgeted.. Purchase on account $35,000 ........ 25,000 ... 50,000 Terrapins pays 60% of a month's purchases in the month of purchase and the remaining 40% in the month following purchase. What is the amount of the estimated total payment to suppliers of merchandise during November? A $25,000 B. $29.000 C. $31,000 D. $100,000