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The Wire House purchases its inventory one quarter prior to the quarter of sale. The purchase...

The Wire House purchases its inventory one quarter prior to the quarter of sale. The purchase price is 50 percent of the sales price. The accounts payable period is 45 days. The accounts payable balance at the beginning of quarter one is $27,500. What is the amount of the expected disbursements for quarter two given the following expected quarterly sales? Quarter 1: $33,000 Quarter 2: $36,000 Quarter 3: $42,300 Quarter 4: $51,300 $18,200 $19,575 $22,500 $28,400 $17,000

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