During the current year, the cash paid for merchandise was: $150,000$144,500$161,500$159,500

Account Balances Accounts Payable Cost of Goods Sold Merchandise Inventory Prior Year- End $ 19,800 $ 160,000 $ 34,400 Current Yea rEnd $ 17,800 $ 152,000 $ 41,900 During the current year, the cash paid for merchandise was: o $150,000 o $144,500 o $161,500 o $159,500