The following control account has been prepared by a trainee accountant: PURCHASE LEDGER CONTROL ACCOUNT Particulars Credit Purchases Bank (Cheques Paid) Discount Received Closing Balance $ Particulars 53,500 Opening Balance 68,900 Cash Purchases 1,200 Returns Outwards 11,100 134,700 $ 50,000 80,000 4,700 134,700 What should the closing balance be when all the errors made in preparing the purchase ledger control account have been correct? $113,400 $29,900 $33,400 $28,700