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Bonita Industries prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2021, Bonita Industries reports

Bonita Industries prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2021, Bonita Industries reports the following activity:

Sales on account $2030000 Cash sales 1104000 Decrease in accounts receivable 920000 Increase in accounts payable 109000 Increase in inventory 80000 Cost of goods sold 1570000

What is the amount of cash payments to suppliers reported by Bonita Industries for the year ended December 31, 2021?

$1759000

$1541000

$1599000

$1381000

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