Brief Exercise 23-7 Grouper Corporation had January 1 and December 31 balances as follows. Inventory Accounts payable 1/1/17 $112,000 50,000 12/31/17 $131,000 56,000 For 2017, cost of goods sold was $553,000. Compute Grouper's 2017 cash payments to suppliers. Cash payments to suppliers $ Questi