An analyst has obtained the following information regarding ABC, Inc. Using this information, he needs to estimate the company's Accounts Payable. Sales = $93,398 Cost of Goods Sold (COGS) = $36,052...

An analyst has obtained the following information regarding ABC, Inc. Using this information, he needs to estimate the company's Accounts Payable.

Sales = $93,398
Cost of Goods Sold (COGS) = $36,052
Cash Cycle = 22 days
Operating Cycle = 86 days
Accounts Receivable Period = AR Period = Average Collection Period (ACP) = 40 days
What is the company's Accounts Payable balance?