Exercise 7-05 a-d (Part Level Submission) Sunland Company has a balance in its Accounts Payable control account of $8,620 on January 1, 2020. The subsidiary ledger contains three accounts: Hale Company, balance $2,860; Janish Company, balance $1,690; and Valdez Company. During January, the following payable-related transactions occurred. Purchases Payments Returns Hale Company $6,950 $5,790 $ 0 Janish Company 5,290 1,690 3,320 Valdez Company 5,905 6,180 0 (a) What is the January 1 balance in the Valdez Company subsidiary account? Balance in the Valdez Company subsidiary account $7 U3} El Your answer is incorrect. Try again. Compute the balances in the subsidiary accounts at the end of the month. The balances in the subsidiary accounts at the end of the month 5:] Jam... 5:] a... 5:]