inventory is 10,000 year 1 and 14,000 year 2

10,000 4,000 125,000 14,000 7,000 220,000 Inventory Prepaid Rent Equipment Accumulated Depreciation Book Value of Equipment Total Assets 20,000 35,000 105,000 208,000 185,000 326,000 Liabilities Accounts Payable Notes Payable Interest Payable Total Liabilities 25,000 100,000 5,000 130,000 40,000 90,000 8,000 138,000 Owners Equity Stock Retained Earnings Total Equity Total Liabilities + Equity 75,000 3,000 78,000 208,000 121,000 67,000 188,000 326,000 Income Statement Revenues COGS Rent Expense Depreciation Expense Interest Expense Insurance Expense 150,000 (32,695) (3.000) (15,000) (5,000) (2.000) What is Cash Paid for Inventory? Please use a positive number for your answer, even though it is cash paid