All That Remains Products has projected sales for next year…
All That Remains Products has projected sales for next year of: Q1 Q2 Q3 Q4 Sales $ 76,200 $ 79,925 $ 86,600 $ 93,720 The company places orders each quarter that are 54 percent of the following quarter’s sales and has a 60-day payables period. What is the accounts payable balance at the end of the third quarter?