The business in the example question has annual operating expenses in the amount of $1,378,000 (which excludes

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The business in the example question has annual operating expenses in the amount of $1,378,000 (which excludes depreciation, amortization, interest, and income tax expenses). Historically, its yearend balance of accrued expenses payable equals about six weeks of its annual operating expenses. Ignoring accrued interest payable and income tax payable, what amount of accrued expenses payable would you expect in its year-end balance sheet?

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