5.Answer the following questions using the information below: Plus Plus Company has the following information: Month Budgeted Purchases January P26,800 February 29,000 March 30,520 April 29,480 May 27,680 Purchases are paid for in the following manner: 10% of the purchase amount in the month of purchase 50% of the purchase amount in the month after purchase 40% of the purchase amount in the month after purchase 5.1) What is the expected balance in Accounts Payable as of March 31? A) P39,068 B) P18,312 C) P2,900 D) P30,520 5.2 What is the expected balance in Accounts Payable as of April 30? A) P26,532 B) P38,740 C) P12,208 D) P17,688 5.3 What is the expected Accounts Payable balance as of May 31? A) P11,792 B) P24,912 C) P36,704 D) P2,948