Big Al's Meat Market has annual sales of $552,000 and cost of goods sold of $374,800. The profit margin is 6.2 percent and the accounts payable period is 31.3 days. What is the average accounts payable balance? Assume 365 days per year. Multiple Choice $32,140.38 $34,436.13 $74,241.53 $29,462.02 $36,731.87