11. The ending Merchandise Inventory for Yr. 1 was $100,000 and for Yr. 2 was $94,000. The Accounts Payable balance for Yr. 1 was $40,000 and for Yr. 2 was $42,000. Cost of Goods Sold for the year was $360,000. What was the total amount of cash payments for merchandise for Yr. 2? A. $352,000 OB. $356,000 OC. $360,000 D. $364,000 E. $368,000