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Cost of Goods Sold for the period totaled $598,000, accounts payable had a beginning and ending balance of $97,000 and $86,500, respectively, and inventory had

Cost of Goods Sold for the period totaled $598,000, accounts payable had a beginning and ending balance of $97,000 and $86,500, respectively, and inventory had a beginning and ending balance of $156,000 and $142,500, respectively. Cash payments for inventory were:

A) $574,000

B) $595,000

C) $601,000

D) $622,000

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