hello, it says find the accounts payable at the bottom. thank you.

Sales are budgeted at $299,000 for November. $319,000 for December, and $219,000 for January . Collections are expected to be 65% in the month of sale and 35% in the month following the sale The cost of goods sold is 80% of sales The company desires to have an ending merchandise Inventory at the end of each month equal to 70% of the next month's cost of goods sold Payment for merchandise is made in the month following the purchase. Other monthly expenses to be peld in cash are $22,000. Monthly depreciation is $25,500 Ignore taxes 3:00 Balance Sheet October 31 Assets Cash Accounts receivable Norchandise inventory Property, plant and equipment, net of $624,000 accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ 32,500 81,500 167,440 1.013,000 $ 1,294,440 $ 248,000 749,000 297,440 $ 1,294,440 Accounts payable at the end of December would be