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Bridgeport Corporation had January 1 and December 31 balances as follows. Inventory Accounts payable 1/1/20 $78,000 59,000 12/31/20 $93,000 66,000 For 2020, cost of goods

Bridgeport Corporation had January 1 and December 31 balances as follows. Inventory Accounts payable 1/1/20 $78,000 59,000 12/31/20 $93,000 66,000 For 2020, cost of goods sold was $486,000. Compute Bridgeport's 2020 cash payments to suppliers. Cash payments to suppliers $ 93000

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