QUESTI 1. RJ Corporation reported in $ millions) cost of goods sold of $2,000 for the year. Inventory at the beginning of the year was $100 and at the end of the year it was $75. Accounts payable at the beginning of the year was $200 and at the end of the year it was $300. How much cash (in $ millions) was paid for merchandise purchased during the year? cash paid for inventory = COGS +A in Inventory - A in accounts payable 2,000 + (-25) +(-100)=2075