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1. Gary Company reports a $15,000 decrease in inventory and a $5,000 increase in accounts payable during the year. Cost of Goods Sold for the
1. Gary Company reports a $15,000 decrease in inventory and a $5,000 increase in accounts payable during the year. Cost of Goods Sold for the year was $160,000. The cash payments made to suppliers were (3 Points) $160,000 $170,000 $140,000 $155,000
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