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Elli Dance Company had Accounts Payable Balance on January 1, 2013 in the amount of $2,500. During the year, it made purchases on account in

Elli Dance Company had Accounts Payable Balance on January 1, 2013 in the amount of $2,500. During the year, it made purchases on account in the amount of $380 and payments on account in the amount of $740. What is the Accounts Payable Balance on December 31, 2013

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