Northern Woods has the following estimated sales.Purchases are equal to 72 percent of the following quarter's sales. The accounts payable period is 45 days. Assume each month has 30 days. What is the estimated accounts payable balance at the end of quarter two? Item Begining ending inventory $10,407 10,822 accounts recievable 6,840 7,301 accounts payable 7,221 6,948 net sales 146,400 cost of goods sold 82,500 Choose one answer. a. $6,048 b. $6,520 c. $6,624 d. $4,901 e. $4,824