Birds Unlimited Has a 45-Day Accounts Payable Period

Birds Unlimited has a 45-day accounts payable period.The firm has expected sales for Quarters 1 through 4 of next year of $2,240,$2,650,$2,820,and $2,700,respectively.The cost of goods sold for a quarter is equal to 58 percent of the next quarter's sales.What is the amount of the projected cash disbursements for accounts payable for Quarter 3? Assume a 360-day year.

A) $2,825.50
B) $1,600.80
C) $1,690.30
D) $1,725.50
E) $2,760.00