On October 3, Sandberg Art Supplies did an inventory and determined that they were running low on several Schutzen products that had been greatly in demand for the previous month. Their clerk then placed the following order with Schutzen Oils:

• Cerulean Blue - 37 mL - 13 tubes @ $14.30 each
• Chromium Oxide Green - 37 mL - 16 tubes @ $6.29 each
• Dioxazine Purple - 37 mL - 9 tubes @ $16.13 each
• Titanium White - 37 mL - 16 tubes @ $11.85 each
• Titanium White - 150 mL - 11 tubes @ $30.39 each
• Venetian Red - 37 mL - 14 tubes @ $5.29 each

Begin by analyzing this transaction from the perspective of the accounts payable department at Sandberg Art Supplies.