Nassau Farms, Ltd., made sales of $680,000 and had cost of goods sold of $370,000. Inventory decreased by $16,000 and accounts payable decreased by $7,000. Accounts payable relates solely to the purchase of inventory. Operating expenses were $160,000. How much cash did Nassau Farms pay for inventory during the year? O A. $361,000 OB. $377,000 O c. $134,000 OD. $370,000