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Cost of Goods Sold for the period totaled $1,200,000, accounts payable had a beginning and ending balance of $207,000 and $190,000, respectively, and inventory had
Cost of Goods Sold for the period totaled $1,200,000, accounts payable had a beginning and ending balance of $207,000 and $190,000, respectively, and inventory had a beginning and ending balance of $250,000 and $180,000, respectively. Cash payments for inventory were:
A) $1,147,000
B) $1,130,000
C) $1,200,000
D) $1,113,000
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