Brilliant J Company has estimated quarterly sales for next year, starting with Quarter 1, of $16,974, $18,696, $21,279, and $20,295. Purchases are equal to 60 percent of the following quarter's sales. What is the cash outlay for accounts payable for Quarter 3 If the firm has a 30-day accounts payable period? Assume each month has 30 days. Multiple Choice $12,486.67 $12,250.00 $12 373.80 $12,503 33