Question 17 1 pts A company reported cost of goods sold of $650,000 for the year. The company also implemented a just-in-time inventory system which allowed it to reduce its inventory from $320,000 at the beginning of the year to $280,000 at the end of the year. In addition, it reported accounts payable to suppliers of $300,000 at the beginning of the year and $350,000 at the end of the year. How much cash did the company pay to its suppliers during the year? O $560,000 O $610,000 $510,000 $650,000