Allister's payables' ledger control account has a balance at 1 October 20x8 of $34,500 credit. During October, credit purchases were $78,400, cash purchases were $2,400 and payments made to suppliers, excluding cash purchases, and after deducting settlement discounts of $1,200, were $68,900. Purchase returns were $4,700. What was the closing balance on the payables' ledger control account? $