MC Qu. 35 LO 21-03, 21-08 Dooling Corporation reported balances in the following accounts ...

Dooling Corporation reported balances in the following accounts for the current year:

	Beginning	Ending
Inventories	$660	$360
Accounts payable	350	550

Cost of goods sold was $7,900. What was the amount of cash paid to suppliers?

$7,600.

$7,400.

$7,900.

$8,100.