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$45,000 is owed to suppliers for inventory purchases at the beginning of the year and $24,000 is owed at the end of the year. If
$45,000 is owed to suppliers for inventory purchases at the beginning of the year and $24,000 is owed at the end of the year. If annual credit purchases of inventory are $120,000, the cash paid to suppliers for the year is:
Select one:
a. $141,000
b. $99,000
c. $165,000
d. $144,000
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