Partial balance sheets and additional information are listed below for Monaco Company.

Monaco Company

Partial Balance Sheets

as of December 31

Assets 2021 2020

CASH $40,000 $20,000

accounts receivable 60,000 90,000

inventory 25,000 40,000

liabilities

accounts payable $60,000 72,000

Additional information for 2021:

Net Income was $270,000.

Depreciation expense was $30,000.

Sales totaled $800,000.

Cost of goods sold totaled $305,000.

what is the amount of cash paid to merchandise suppliers during 2021:

A. $302,000

B. $300,000

C. $317,000

D. $308,000