The pa ya ble ledger control account below contains a number of errors: payable ledger control account $ $ Purchase 963 200 opening balance 384 600 Discount received 12 600 purchases returns 17 400 Contras with amounts cash paid to suppliers 988 400 Receivable in receivables ledger 4 200 Closing balance 4 10 000 ––––––––––– ––––––––––– 1 390 400 1 390 400 ––––––––––– ––––––––––– All items relate to credit purchases. What should the closing balance be when all the errors are corrected?