Carla Vista Company has a balance in its Accounts Payable control account of $8,470 on January 1, 2020. The subsidiary ledger contains three accounts: Hale Company, balance $2,710; Janish Company, balance $1,640; and Valdez Company. During January, the following payable-related transactions occurred.

		Purchases		Payments		Returns
Hale Company		$6,520		$6,280		$ 0
Janish Company		4,950		1,640		2,820
Valdez Company		6,075		6,180		0

What is the January 1 balance in the Valdez Company subsidiary account?

Balance in the Valdez Company subsidiary account $