16. value: 3.33 points Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. $860,000 109,700 Cost of goods sold Merchandise inventory, January 1 Merchandise inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 104,900 69,500 77,700 $847,000. O $848,800. $855,200. $864,800. O $865,200