Cobb's accounts payable at December 31, 20A1 was $200,000 before the necessary adjusting entries, if any, are made for the following items:
- Cobb has a $10,000 debit balance in its accounts payable to Black resulting from an advance payment to Black.
- The $8,000 credit purchase of goods shipped FOB shipping point on December 27, 20A1 was received and recorded by Cobb on January 4, 20A2

What amount should Cobb report as accounts payable in its December 31, 20A1 balance sheet?