Determine the cash paid for inventory during April

Team Member(s) In-Class Case #8B - Chapter 8 The following account information was gathered from Jeffco for Ending Beginning Accounts payable $65,000 $86,000 Accrued liabilities 12,000 Inventory 25,000 18,000 Prepaid insurance 6,000 5,000 Prepaid miscellaneous expense 1,000 3,000 Utilities payable 2,000 7.000 3,000 The following expenses were incurred in April: Cost of goods sold $645,000 Insurance expense 17,000 Utilities expense 11,000 Miscellaneous expense 248,000 Misc. Exp. of $248k is split evenly between the Asset-Prepaid Misc. Expense and the Liability.Accrued Liab. Required: 1. Determine the cash paid for inventory during April Accounts payable, beginning + purchases on account Inventory, beginning + purchases on account = Inventory available - cost of goods sold = Inventory, ending = Total amount owed to suppliers - cash paid for inventory = Accounts payable, ending