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Calculate cash paid for merchandise Use the following information about the current year operations of a company to calculate the cash paid for merchandise. begin{tabular}{lr}
Calculate cash paid for merchandise Use the following information about the current year operations of a company to calculate the cash paid for merchandise. \begin{tabular}{lr} Cost of goods sold & $855,000 \\ Merchandise inventory, January 1 & 108,700 \\ Merchandise inventory, December 31 & 104,000 \\ Accounts payable, January 1 & 68,900 \\ Accounts payable, December 31 & 77,000 \end{tabular} $860,100. $843,900. $850,300. $859,700. $842,200
Calculate cash paid for merchandise
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