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Determine the amount of cash paid to suppliers for each of the four independent situation below. Situation 1 Cost of Goods Sold: $250,000 Inventory :

Determine the amount of cash paid to suppliers for each of the four independent situation below.

Situation 1

Cost of Goods Sold: $250,000

Inventory : increase $5,500

Accounts Payable: $0

Cash paid to suppliers: ?

Situation 2

Cost of Goods Sold: $250,000

Inventory : $0

Accounts Payable: increase $6,500

Cash paid to suppliers: ?

Situation 3

Cost of Goods Sold: $350,000

Inventory : increase $5,500

Accounts Payable: increase $6,500

Cash paid to suppliers: ?

Situation 4

Cost of Goods Sold: $350,000

Inventory : decrease $5,500

Accounts Payable: decrease $6,500

Cash paid to suppliers: ?

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