LG has done a forecast of its balance sheet using the percentage of sales forecasting method. Total assets are expected to increase from $200 million this year to $250 million next year. If the accounts payable balance is $10 million this year, what will the projected accounts payable balance be at the end of next year?

A)$12.5 million

B)not enough information is provided

C)$25.0 million

D)$10.0 million

E)$12.0 million