During the year, Hepworth Company earned a net income of $61,725. Beginning and ending balances for the year for selected accounts are as follows:

	Account
	Beginning	Ending
Cash	$108,000	$126,600
Accounts receivable	67,500	99,750
Inventory	36,000	52,500
Prepaid expenses	27,000	30,000
Accumulated depreciation	81,000	91,500
Accounts payable	45,000	55,125
Wages payable	27,000	15,000

2. Suppose that all the data used in Requirement 1 except the ending accounts payable and cash balances are not known. Assume also that you know that the operating cash flow for the year was $20,475. What is the ending balance of accounts payable?