A company's Inventory balance at 12/31/16 was $205,100 and $219,000 at 12/31/15. Its Accounts Payable balance at 12/31/16 was $103,000 and $97,100 at 12/31/15, and its cost of goods sold for 2016 was $739,000. The company's total amount of cash payments for merchandise in 2016 equals:

$758,800.

$747,000.

$739,000.

$731,000.

$719,200.