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ABC Company has the following data: Cost of Goods Sold $106,000 Beginning Merchandise Inventory 45,000 Ending Merchandise Inventory 43,000 Beginning Accounts Payable 50,000 Ending Accounts

ABC Company has the following data: Cost of Goods Sold $106,000 Beginning Merchandise Inventory 45,000 Ending Merchandise Inventory 43,000 Beginning Accounts Payable 50,000 Ending Accounts Payable 30,000 What is cash paid for merchandise? ANSWER $274,000 $84,000 $128,000 $124,000 I DON'T KNOW YET

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