A company reported cost of goods sold of $400,000 for the year. During the year, inventory increased from a $23,000 beginning balance to a $35,000 ending balance, and accounts payable increased from a $12,000 beginning balance to a $14,000 ending balance. How much is the cash paid for merchandise purchased during the year? O $430,000 O $426,000 $452,000 $410,000