Steele Fitness Products has the following partial list of account balances at year-end December 31, 2022: Accounts payable $ 1,800 Accounts receivable 4,600 Cost of goods sold 15,000 Cash 23,000 Taxes payable 10,000 Land 25,000 Notes payable (due in 6 months) 1,000 Salaries payable 900 Inventory 4,300 Additional information: The accounts payable balance at the end of the prior year was $3,000. Required: A. Determine the following items: 1. Current assets 2. Current liabilities 3. Working capital 4. Accounts payable turnover ratio 5. Average age of accounts payable B. Assume that cash is used at December 31, 2022, to pay the entire balance of accounts payable. Determine the revised amounts from part (A) above for the following items: 1. Current assets 2. Current liabilities 3. Working capital 4. Accounts payable turnover ratio 5. Average age of accounts payable C. Comment on the effect of paying accounts payable at year-end with regard to working capital and accounts payable management.