According to the conditions above, what should their monthly payments be? If Kelsey and Cody do not send their payment in on time, what will the following month’s payment be? Kelsey and Cody have been making payments on this furniture for 18 months, but Cody gets laid off from his job, and their income drops substantially. They are unable to stay current on their account even though they have paid $2,070 of the bill. According to the above terms, what happens to their bill?