In its May 31, 2017 annual report, Maloneck Ltd. (Maloneck) reported that it had inventory of $174, 750 and accounts payable of $104, 850 on May 31, 2016, and inventory of $199, 500 and accounts payable of $139, 800 on May 31, 2017. Maloneck's income statement for the year ended May 31, 2017 reported cost of goods sold of $1, 398,000. Required: Calculate the amount of cash that Maloneck paid to suppliers for purchases of inventory during fiscal 2017. Assume that accounts payable pertain only to the purchase of inventory on credit. Cash paid to suppliers