The Balance in Georgia Corp

Multiple Choice

The balance in Georgia Corp.'s accounts payable account at December 31, 2020, was $900,000 before any necessary year-end adjustments relating to the following:
1) Goods were in transit to Georgia from a vendor on December 31, 2020. The invoice cost was $75,000. The goods were shipped FOB shipping point on December 29, 2020 and were received on January 4, 2021.
2) Goods shipped FOB destination on December 21, 2020 from a vendor were received on January 6, 2021. The invoice cost was $37,500.
3) On December 27, 2020, Georgia wrote and recorded cheques to creditors totalling $45,000 that were mailed on January 10, 2021.
At December 31, 2020, what amount should Georgia report as total accounts payable?

A) $1,020,000
B) $1,012,500
C) $975,000
D) $945,000