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Kings Corporation has projected the following sales for the coming year: 21 Q2 Q3 Q4 Sales $17,750 $14,450 $15, 275 $15,975 The company places orders

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Kings Corporation has projected the following sales for the coming year: 21 Q2 Q3 Q4 Sales $17,750 $14,450 $15, 275 $15,975 The company places orders each quarter that are 30 percent of the following quarter's sales and has a 60-day payables period. What is the payment of accounts for the second quarter? Multiple Choice $4,995.00 $4,500.00 $4,417.50 $3,055.00 $4,335.00

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