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5. The following information is available forcompany. What amount of cash is paid for merchandise for the current year? Merchandise inventory, prior year-end. . 105,000

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5. The following information is available forcompany. What amount of cash is paid for merchandise for the current year? Merchandise inventory, prior year-end. . 105,000 Merchandise inventory, current year-end . . . . . . . I 12,000 ~/as) Accounts payable, prior year-end . . . . . . . . . . . . . . . 98,500 ,-(R / Accounts payable, current year-end.. 101.300 a. $545,000 b. $554,800 c. $540,800 $535,200 549,200 AP-mi 105 546 5S sS 2

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