If a company starts operating in April, and pays its Accounts Payable for each month in the following month, and expenses for April are $30,000, of which 50% are paid immediately in cash, the other 50% becoming Accounts Payable, then

a. the company will pay no Accounts Payable bills in April.

b. the company will pay $30,000 of Accounts Payable in April.

c. the company will have no Accounts Payable bills to pay in May.

d. BOTH b and c above are correct! e. none of the above