On January 1, 2020, Mountain View Industries had a balance in Accounts Payable of 14,200, related to marchandise purthed in the priorytar, On January 15th, Mountain View sold half of this merchandise to a customer for $9.400 on January 23rd, Mountain View paid its supplier 3,400, and purchased an additional $6,500 of merchandise on account. Assuming Mountain View had no other transactions in January, wrot would the balance in Mountain View's Accounts Payable be on January 31, 20207 Multiple Choice $12,300 $2,900 37.500 $5.800