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During the year, Major Tom's Ground Control Inc. reported a $9,000 increase in Inventory and a $8,000 increase in Accounts Payable. Cost of goods sold
During the year, Major Tom's Ground Control Inc. reported a $9,000 increase in Inventory and a $8,000 increase in Accounts Payable. Cost of goods sold for the year was $130,000. What were the cash payments made to suppliers during the year? $123,000 $131,000 O $113,000 $147,000
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