Assume a merchandising company had credit sales of $380,000, cost of goods sold of $195,000, and net income of $60,000. It provided the following excerpts from its balance sheet:

	This Year	Last Year
Current assets:
Accounts receivable	$ 40,000	$ 46,000
Inventory	$ 53,000	$ 50,000
Prepaid expenses	$ 13,000	$ 11,000
Current liabilities:
Accounts payable	$ 39,000	$ 44,000
Income taxes payable	$ 13,000	$ 10,000

If the company purchases its merchandise inventory on account, then based solely on the information provided, the companys cash paid for inventory purchases would be: