UCLIDE = AabbCcDe AasbCcDdE AaBbc Normal No Spacing Heading 1 Heading 2 Tinte In a given quarter, a company buys inventories from suppliers in an amount equal to 55% of the following quarter's forecasted sales. Sales of the first quarter are projected to be $37,050. The company has a payables period of 90 days. Sales of the second quarter are projected to increase at 26.70% from the first. Total wages, taxes, and other expenses are projected to equal 11.70% of the projected sales. The dividends and interest payments are projected to be $184 per quarter. Assuming a quarter of 90 days, what is the company's total cash payments in the first quarter? $24,274 $24,896 $25,519 $26,141 $26,764 IF