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During the year, ABC Inc. reported an increase in Inventory of $10,690. Cost of goods sold for the year was $60,000, and there was
During the year, ABC Inc. reported an increase in Inventory of $10,690. Cost of goods sold for the year was $60,000, and there was an $5,070 decrease in accounts payable. Required 1: What were the cash payments to suppliers during the year? $[
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