A B 710 points The following information is available for Hawkins Company for 1961 : The cash disbursements (cash outflow) for purchases for the year 1,000,000 Increase (decrease) in Inventory - year over year Increase (decrease) in Accounts Payable - year over year Accounts payable is used solely for the purchase of inventory. Required: What was the Cost of Goods Sold (CGS) for the year