Question 3 3.5 pts The following information is available for ABC Company: Accounts payable Inventory January 1, 2021 $74,000 $50,000 December 31, 2021 $56,000 $82,000 ABC Company reported $130,000 of cash paid to suppliers for purchases of inventory in its 2021 statement of cash flows. Calculate ABC Company's cost of goods sold for 2021. 78,000