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Gifts For All has projected sales for next year of: Q1 Q2 Q3 Q4 Sales $...

Gifts For All has projected sales for next year of:

Q1 Q2 Q3 Q4
Sales $ 24,600 $ 26,800 $ 32,800 $ 41,100


Purchases are equal to 67 percent of next quarter's sales. Each month has 30 days, the accounts receivable period is 38 days, and the accounts payable period is 41 days. How much will the company pay suppliers in the third quarter?

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