Company is preparing their budget for the 2^ndquarter and provides the following data:

April	May	June
Budgeted purchases	$10000	$12,000	$9,000
Budgeted Cash Payments for Inventory Purchases	April	May	June
60% of previous month purchases	5,000	6,000	7,200
40% of current month purchases	4,000	4,800	3,600
Total cash payments	$9,000	$10,800	$10,800

Assume that accounts payable pertains only to suppliers of inventory. Based on the above data, what should the budgeted balance sheet show as the balance of Accounts payable at June 30?