Shaheer Mohamed, an FBIM graduate completed the year end financial statements and financial analysis for Sasavona Wholesalers, he realized the company did not have good control of its working capital. Sales for the next year were projected to be R960.000 while gross margin was expected to be 33% of sales. Purchases were estimated to be 45% of COGS. Due to a rising average age of inventory. Shaheer recommended that the firm set a target of 38 days for this ratio. The firm also appeared to be paying its bills too quickly as a result Shaheer recommended the firm stretch its payment period to 42 days. Based on Shaheer's recommendations, what will Sasavona Wholesalers' accounts payable be next year? (5 marks) R