Buch Inc. is a German firm located in Frankfurt. On October 1, 2019, the firm had an accounts payable balance of EUR 40,000. During the month, the firm made purchases on account of EUR 33,000 and made payments on account of EUR 48,000. At October 31, 2019, the firm's accounts payable balance is Select one: a. EUR 121,000. O b. EUR 41,000. O C. EUR 25,000 O d. EUR 55,000