Marigold Corp.'s accounts payable balance at December 31, 2017 was $1596000 before considering the following transactions: Goods were in transit from a vendor to Marigold on December 31, 2017. The invoice price was $70000, and the goods were shipped f.o.b. shipping point on December 29, 2017. The goods were received on January 4, 2018. Goods shipped to Marigold, f.o.b. shipping point on December 20, 2017, from a vendor were lost in transit. The invoice price was $51000. On January 5, 2018, Marigold filed a $51000 claim against the common carrier. In its December 31, 2017 balance sheet, Marigold should report accounts payable of