Estate Corp., Has the Following Information

Multiple Choice

Estate Corp., has the following information:

Purchases are paid for in the following manner:
15% of the purchase amount in the month of purchase
35% of the purchase amount in the month after purchase
50% of the purchase amount in the second month after purchase
What is the expected Accounts Payable balance as of May 31?

A) $34,196
B) $33,503
C) $38,768
D) $4,572