During December, Camp David, Inc. purchased $5,000 of supplies for use in its business. At the end of December, 20% of the supplies were still on hand, but only 70% had been paid. What amounts will appear on the company's balance sheet on December 317 Supplies on Hand a $5,000 $1,000 c. $4,000 d. $1,000 Accounts Payable $3,500 $1,500 $1,500 $5,000