Cumberbatch, Inc. presented the following information:

Statement of Cash Flow Indirect Method Operating activities

Net income $10,200

Depreciation expense 3,750

Accounts receivable 1,100

Inventory (2,050 )

Accounts payable 1,000

Cash flow from operations $14,000

Income Statement Sales $99,000

Cost of goods sold 55,500

Depreciation expense 3,750

Other operating expenses 22,800

Income taxes expense 6,750

Net income $10,200

How much cash was paid for inventory in the operating activities section of the statement of cash flow using the direct method?

How much cash was paid for inventory in the operating activities section of the statement of cash flow using the direct method? A. $56,550 B. $54,450 C. $55,500 D. $57,050