In a given quarter, a company buys inventories from suppliers in an amount equal to 28% of the following quarter's forecasted sales. Sales of the first quarter are projected to be $37,930. The company has a payables period of 120 days. Sales of the second quarter are projected to increase at 29.60% from the first, while sales of the third quarter are projected to increase at 9.80% from the second. Assuming a quarter of 90 days, what is total cash payment made in the third quarter for inventory purchases?

Options:

	$13,197
	$13,564
	$13,930
	$14,297
	$14,663