Concord Co.'s accounts payable balance at December 31,2025 was $1596000 before considering the following transactions: - Goods were in transit from a vendor to Concord on December 31, 2025. The invoice price was $66000, and the goods were shipped f.o.b. shipping point on December 29, 2025. The goods were received on January 4, 2026. - Goods shipped to Concord, f.o.b. shipping point on December 20, 2025, from a vendor were lost in transit. The invoice price was $48000. On January 5, 2026, Concord filed a $48000 claim against the freight company. In its December 31, 2025 balance sheet, Concord should report accounts payable of $1644000.$1710000.$1662000.$1596000