=+EX 16-20 Cash paid for merchandise purchases obj. 3 Selected data taken from the accounting records of Lachgar Inc. for the current year ended December 31 are as follows:

Balance, Balance, December 31 January 1 Accrued expenses payable (operating expenses) $ 5,590 $ 6,110 Accounts payable (merchandise creditors) 41,730 46,020 Inventories 77,350 84,110 Prepaid expenses 3,250 3,900