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8. Calculating Payments. Hockeyville Products has projected the following sales for the coming year: Q1 Q2 Q3 Q4 Sales $690 $650 $790 $840 Sales in the year following this one are projected to be 15 percent greater in each quarter. a. Calculate payments to suppliers assuming that Hockeyville places orders during each quarter equal to 30 percent of projected sales for the next quarter. Assume that Hockeyville pays immediately. What is the payables period in this case? Q1 Q2 Q3 Q4 Payment of accounts b. Rework (a) assuming a 90-day payables period. Rework (a) assuming a 60-day payables period. C