During the financial year, Huang Limited had a Cost of Sales amounting to $294,000. Opening balances were: Inventory $36,000; Accounts Payable $28,000. Closing balances were: Inventory $45,000; Accounts Payable $26,000. A discount of $1,000 for prompt payment was received. The amount of cash paid for goods purchased during the year was: Question 9 options: a) $300,000 b) $286,000 c) $304,000 d) $306,000