Sales: Q1 $700 Q2 $800 Q3 $900 Q4 $1,000 - Sales in the year following this one are projected to be 18 percent greater in each quarter. Assume the firm places orders during each quarter equal to 35 percent of projected sales for the next quarter. How much will the firm pay to its suppliers in quarter 2 if its accounts payable period is 60 days? Please provide formula. Thank you. a. $212.67 b. $241.33 c. $291.67 d. $351.33 e. $356.67