A partial adjusted trial balance follows for Bonita Ltd. at January 31. 2021. The company's fiscal year end is December 31 and it makes adjustments monthly. It has already recorded any required adjusting journal entries for the month of January and the amounts shown below are correct. If the amount in Supplies Expense is the amount of the January 31 adjusting entry, and $790 of supplies were purchased in January, what was the balance in Supplies on January 1 ? (Hint: Prepare the adjusting journal entry for this transaction, post to the Supplies and Supplies Expense T accounts, and work backward to determine the opening balance) The balance in supplies