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Moxley Corporation had January 1 and December 31 balances as follows. 1/1/12 12/31/12 Inventory $95,660 $113,910 Accounts Payable 61,780 68,400 For 2012, cost of goods

Moxley Corporation had January 1 and December 31 balances as follows. 1/1/12 12/31/12 Inventory $95,660 $113,910 Accounts Payable 61,780 68,400 For 2012, cost of goods sold was $496,860. Compute Moxley's 2012 cash payments to suppliers

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