41) May Company has the following information:

Month Budgeted Purchases

January $33,000

February 37,000

March 31,000

April 30,000

May 27,680

Purchases are paid as follows:

75% in the month of purchase

25% one month after purchase

What is the expected balance in Accounts Payable on April 30?

A) 0

B) $7,500 this is the right answer. Please explain everything

C) $20,250

D) $30,000