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Colie Company had an increase in inventory of 120,000. The cost of goods sold was 490,000. There was a 30,000 decrease in accounts payable for
Colie Company had an increase in inventory of 120,000. The cost of goods sold was 490,000. There was a 30,000 decrease in accounts payable for the period. Using the direct method of reporting cash flows from operating activities, what were Colie's cash payments to supplier?
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