b. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 90-day payables period. Note: Do not round intermediate calculations and round your answers to 2 decimal places e.g., 32.16. Answer is complete but not entirely correct. Q1 Q2 Q3 Q4 Payment of $ 0.00 $ 170.63 $ 236.25 $ 210.00 X accounts c. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume a 60-day payables period. Note: Do not round intermediate calculations and round your answers to 2 decimal places e.g., 32.16. > Answer is complete but not entirely correct. Q1 Q2 Q3 Q4 Payment of accounts $ 56.88 $ 157.50 $ 196.88 $ 109.38 × Problem 16-8 Calculating Payments [LO 3] Sexton Corporation has projected the following sales for the coming year: Sales Q1 $ 300 Q2 $ 390 Q4 $ 540 $ 480 Sales in the year following this one are projected to be 25 percent greater in each quarter. Calculate payments to suppliers assuming that the company places orders during each quarter equal to 35 percent of projected sales for the next quarter. Assume that the company pays immediately. a. What is the payables period in this case? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Answer is complete and correct. Payables period 0 What are the payments to suppliers each quarter? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. Q1 Payment of accounts $ 170.63 Q2 Q3 Q4 236.25 $ 210.00 $ 164.06