Calculate the cash flow for the following:

Cash paid for merchandise purchased:

Cost of goods sold	$100,000
Inventory, beginning year	20,000
Inventory, end of year	23,000
Accounts payable, beginning year	12,000
Accounts payable, end of year	6,000

Select one:

A. $109,000

B. $91,000

C. $97,000

D. $103,000