Hobbies Unlimited, a wholesaler, has a sales budget for next month of $300,000. Cost of units sold is expected to be 40 percent of sales. All units are paid for in the month following purchase. The beginning inventory of units is $10,000, and an ending amount of $12,000 is desired. Beginning accounts payable is $76,000. The ending balance in accounts payable for next month will be a. $122,000. b. $120,000. c. $118,000. d. $78,000.