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DQuestion 5 5 pts The following selected account balances were taken from ABC Company's accounting records during 2018: anuary 1, 291835,00 Inventory Accounts payable Long-term

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DQuestion 5 5 pts The following selected account balances were taken from ABC Company's accounting records during 2018: anuary 1, 291835,00 Inventory Accounts payable Long-term notes payable Income tax payable Investments Accounts receivable Land Common stock Retained earnings 69,000 47,000 165,800 11,000 89,000 77,000 60,000 100,000 6,000 41,000 130,000 7,000 68,000 84,000 89,000 175,000 41,000 The following information was taken from ABC Company's 2018 income statement: $422,000 Sales revenue Cost of goods sold Gain on sale of investments Income tax expense Net income 11,000 22,000 s 50,600 Calculate the amount of cash paid to suppliers for purchases of inventory during 2018

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