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Merchandise Inventory increased $28,300 and Accounts Payable decreased $19,600 during the year. Accounts Payable relates only to the acquisition of merchandise inventory. Sales were $795,900
Merchandise Inventory increased $28,300 and Accounts Payable decreased $19,600 during the year. Accounts Payable relates only to the acquisition of merchandise inventory. Sales were $795,900 and Cost of Goods Sold was $549,700. Compute the payment made to the suppliers.
A.$47,900
B.$578,000
C.$597,600
D.$569,300
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