Determine the value of Accounts Payable given the following information: Average Inventory equal to $3,000; Average AR equal to $5,000; Sales equal to $40,000; COGS equal to $30,000; Cash Conversion Cycle equal to 64.48 days; Inventory Period equal to 36.50 days; Receivable Period equal to 45.63 days.

		$4,450
		$3,450
		$1,450
		$2,450