Arena, Inc. uses the direct method to prepare its statement of cash flows. Use the following information reported for 2019 to compute the amount of cash paid to suppliers or vendors. Cost of Goods Sold, $134,000 Merchandise Inventory, beginning balance, $27,000 Merchandise Inventory, ending balance, $67,000 Accounts Payable, beginning balance, $7600 Accounts Payable, ending balance, $5000 A) $176,600 B) $94,000 C) $174,000 D) $171,400