During 20X4, Kamas Company had a total Cost of Goods Sold of $500,000 and total Sales of $600,000. The beginning and ending balances in the accounts PAYABLE account are respectively $60,000 and $100,000. The beginning and ending balances in the inventory account are $120,000 and $135,000, respectively. The beginning and ending balances in the accounts RECEIVABLE account are respectively $100,000 and $77,000. Compute the amount of cash paid for inventory during 20X4. $555,000 $475,000 $577,000 $525,000