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A company's Inventory balance at the end of the year was $195,200 and $200,000 at at the beginning of the year, Its Accounts Payable balance

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A company's Inventory balance at the end of the year was $195,200 and $200,000 at at the beginning of the year, Its Accounts Payable balance at the end of the year was $92,000 and $87,200 ot the beginning of the year, and its cost of goods sold for the year was $728,000. The company's total amount of cash payments for merchandise during the year equals: Multiple Choice $710.400 $745,500 $736.000 $720,000 $728.000

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