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If cost of goods sold during the year is $600,000, inventory is $80,000 on January 1 and $88,000 on December 31, and accounts payable is

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If cost of goods sold during the year is $600,000, inventory is $80,000 on January 1 and $88,000 on December 31, and accounts payable is $12,000 on January 1 and $10,000 on December 31, the amount of cash paid for inventory during the year would be: $590,000. $594,000. $606,000. O $610,000

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