Estate Corp., has the following information: Month January February March April May Budgeted Purchases $26,900 29,800 28,600 29,980 27,180 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 O A. $2,980 O B. $25,740 O c. $37,660 OD. $14,300 Month January February March April May Budgeted Purchases $26,900 29,800 28,600 29,980 27,180 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 March 31? O A. $2,980 OB. $25,740 OC. $37.660 OD. $14,300