Marquette Dcor is a merchandiser that operates a small retail store. Comparative balance sheets for the years ending December 31, 2018 and 2017 and its income statement for 2018 follow:

AssetsDecember 31, 2018December 31, 2017

Cash$35,400$45,300

Accounts receivable11,40014,500

Merchandise inventories36,50034,100

Equipment90,00066,000

Accumulated depreciation(28,600)(31,400)

Total assets$144,700$128,500

Liabilities and Stockholders' Equity

Accounts payable$14,300$12,500

Income taxes payable4,5008,800

Long-term notes payable16,50023,000

Common stock, $2 par88,20065,300

Retained earnings21,20018,900

Total liabilities and stockholders' equity$144,700$128,500

Sales$224,000Cost of goods sold123,000

Depreciation expense14,000O

ther expenses56,000

Gain on sale of equipment3,400

Income taxes16,000

Net income$18,400

How much cash did Marquette pay for inventory purchases during the year?

Group of answer choices

a.$122,400

b.$125,400

c.$123,600

d.$118,800