Chemin Corp., has the following information: Month January February March April May Budgeted Purchases $27.100 $29,400 $29.400 $30,480 $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. $18,288 C. $39,192 D. $38,220