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J.S. and Co. has estimated quarterly sales for next year, starting with Quarter 1, of $13,800, $15,200, $17,300, and $16,500. Purchases are equal to 65 percent of the following quarter's sales. What is the cash outlay for accounts payable for Quarter 3 if the firm has a 30-day accounts payable period? Assume each month has 30 days.

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