10.

Siona Company reported the following balances for relevant balance sheet accounts: 12/31/18 1/01/18 Merchandise inventory $32,000 $21,000 Accounts payable 15,000 8,000 During 2018, cost of goods sold was $102,000. Calculate the amount of cash paid to suppliers of merchandise inventory in 2018. Assume all inventory is purchased on credit, and accounts payable is for inventory purchases only. $118,000 $104,000 $86,000 $106,000