Sarab Company purchases its raw materials from one supplier, Moon Company. The terms between the two companies call for paying $20\%$ upon order, $30\%$ after one month, and $50\%$ after $2$ months, of all orders made.Sarab made the following orders in the first $3$ months of the year $2021$:MonthOrder amount $($$$)$JanuaryFebruaryMarch$54,00082,00078,000$What is the balance in the account payable account owed to Moon Company, as it appears on the books of Sarab Company, on $1/4/2021?($When writing your answer do not use commas or sign of the dollar. For example, if your answer is $$1,500,$ write it as $1500)$