Chemin Corp., has the following information: Month Budgeted Purchases January $27,100 February $29,400 March $29,400 April $30,480 May $27,580 Purchases are paid for in the following manner. 10% of the purchase amount in the month of purchase 50% of the purchase amount in the month after purchase 40% of the purchase amount in the second month after purchase What is the expected balance in Accounts Payable as of April 30? Select one: A. $29,400 B. $39,192 C. $18,288 D. $38,220