Estate Corp., has the following information: Month January February March April May Budgeted Purchases $27,700 29,700 28,500 30,480 26,780 Purchases are paid for in the following manner; 5% of the purchase amount in the month of purchase 40% of the purchase amount in the month after purchase 55% of the purchase amount in the second month after purchase What is the expected balance in Accounts Payable as of April 307 O $28,500 $43,410 O $44,631 O$13,716