Examine the partial balance sheet vertical analysis below.

ASSETS
Cash $23,650 43%
Accounts Receivable $31,350 57%
Total Assets $55,000 100%

LIABILITIES
Accounts Payable
Notes Payable $15,400 28%
Total Liabilities 62%

EQUITY
Total Equity $20,900 38%

Based on the information shown, what is the correct amount and percentage of accounts payable?

O $39,600; 72%
O $18,700; 34%
O $20,900; 38%
O $49,500; 90%