Heely Co. has the following projected sales in units for the first quarter of 20x2:

	January	9918
	February	14739
	March	10631

Heely Co.s budget is based on the following assumptions: 33% of all purchases of merchandise are paid in the month purchased and the remainder in the following month. The number of units in each months ending inventory is equal to 68% of the next months units of sales.

The cost of each unit of inventory is $17.

What is the companys accounts payable balance at the end of February?