Homework #11 Help Save & Exit Submit COTB MC Qu. 15-92 (Algo) Assume a merchandising company reported... 16 Assume a merchandising company reported cost of goods sold of $100,000. Its inventory account balance decreased by $12,000 during the period and its accounts payable balance decreased by $4,800 during the period. The cash paid inventory purchases would be 075 points Reences Mc Mutiple Choice O O $83,2001 $102,200 $116.800. 192.000