191 A company's Inventory balance at the end of the year was $201,500 and $215,000 at at the beginning of the year. Its Accounts Payable balance at the end of the year was $99,000 and $93,500 at the beginning of the year, and its cost of goods sold for the year was $735,000. The company's total amount of cash payments for merchandise during the year equals: Skipped Multiple Choice $716,000. $735,000. $743,000. $754,000. $727,000