Rabb Co. records its purchases at gross amounts but wishes to change to recording purchases net of purchase discounts. Discounts available on purchases recorded from October 1, year 1, to September 30, year 2, totaled $2,000. Of this amount, $200 is still available in the accounts payable balance. The balances in Rabb’s accounts as of and for the year ended September 30, year 2, before conversion are
Purchases $100,000
Purchase discounts taken 800
Accounts payable 30,000
What is Rabb’s accounts payable balance as of September 30, year 2, after the conversion?