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Cinder Cause, a fireplace installer, had the following balances for Inventory and Accounts Payable for 2019: Inventory BB: $20,000 Inventory EB: $50,000 Accounts Payable BB:
Cinder Cause, a fireplace installer, had the following balances for Inventory and Accounts Payable for 2019:
Inventory BB: $20,000
Inventory EB: $50,000
Accounts Payable BB: $40,000
Accounts Payable EB: $30,000
In addition, Cinder Cause's COGS for 2019 was $80,000 .
*Assume Cinder Cause's makes all inventory on account. How much cash did Cinder Cause pay to its inventory supplier in 2019?
Group of answer choices
$110,000
$120,000
$40,000
$100,000
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