Accounts Payable Aging Analysis:

Company ABC has the following accounts payable aging schedule as of June 30, 20XX:

• 0-30 Days: $40,000
• 31-60 Days: $15,000
• 61-90 Days: $8,000
• Over 90 Days: $4,000

Requirements:

1. Calculate the total accounts payable balance.
2. Determine the percentage of accounts payable that are overdue.
3. Discuss potential implications of the aging schedule on the company's cash flow and financial health.