Cash Accounts Receivable Less: Allowance for Bad Debts Prepaid Rent Inventory Property, Plant, and Equipment Less: Accumulated Depreciation Total Assets December 31, 2013 $104,000 246,000 (27,000) 15,000 332,000 1,122,000 (442,000) $1,350,000 December 31, 2014 $36,000 178,000 (32,000) 42,000 391,000 1,377,000 (592,000) $1,400,000 Unearned Revenue Accounts Payable (merchandise suppliers) Bank Loan 50,000 $102,000 391,000 53,000 $187,000 350,000 Common Stock Retained Earnings Total Liabilities & Stockholders' Equity 467,000 340,000 $1,350,000 510,000 300,000 $1,400,000 Income Statement Data for Calendar Year 2014 Sales Revenue 1,600,000 Cost of Goods Sold (980,000) Gross Profit 620,000 Expenses: Depreciation Expense (150,000) Salaries Expense (350,000) Interest Expense (40,000) Rent Expense (98,000) Bad Debt Expense (12,000) Net Income $(30,000) How much cash did Johnston pay to suppliers of merchandize in 2014? How much cash did Johnston pay to suppliers of merchandize in 2014? O A $954,000 OB. $895,000 OC. $869,000 D. None of the above