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Organic Foods, Inc. has a cash cycle of 13.5 days, an operating cycle of 21 days, and an inventory period of 2 days. The company

Organic Foods, Inc. has a cash cycle of 13.5 days, an operating cycle of 21 days, and an inventory period of 2 days. The company reported cost of goods sold in the amount of $280,000, and credit sales were $430,000. What is the company's average balance in accounts payable?

$11,844

$13,515

$5,753

$8,414

$10,203

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