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Determine the amount of cash paid to suppliers for the situation below. S ituation Cost of goods sold Inventory increase (decrease) Accounts payable increase (decrease)

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

Situation	Cost of goods sold	Inventory increase (decrease)	Accounts payable increase (decrease)	Cash paid to suppliers
1	$300,000	$6,000	$6,000	$?

Group of answer choices

$294,000

$300,000

$306,000

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