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Newton Corporation reported an increase in inventory of $75,000. The cost of goods sold for the year was $200,000. There was also a $4,000 decrease
Newton Corporation reported an increase in inventory of $75,000. The cost of goods sold for the year was $200,000. There was also a $4,000 decrease in accounts payable from the beginning of the year to the end of the year. What is Newton's cash payment to suppliers for inventory? O A. $271,000 O B. $275,000 O C. $204,000 O D. $279,000
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