Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows:
	Ending Balance	Beginning Balance
Cash & cash equivalents	$72,600	$86,850
Accounts receivable	59,300	63,800
Inventory	79,600	72,500
Total current assets	211,500	223,150
Property, plant, and equipment	213,000	203,000
Less accumulated depreciation	71,000	50,750
Net property, plant, and equipment	142,000	152,250
Total assets	$353,500	$375,400
Accounts payable	$46,400	$82,500
Income taxes payable	36,100	45,400
Bonds payable	87,000	72,500
Common stock	101,500	87,000
Retained earnings	82,500	88,000
Total liabilities and stockholders equity	$353,500	$375,400
During the year, Ravenna paid a $8,700 cash dividend and it sold a piece of equipment for $4,350 that had originally cost $9,600 and had accumulated depreciation of $6,400. The company did not retire any bonds or repurchase any of its own common stock during the year.
6-a. If the company debited cost of goods sold and credited inventory for $580,000 during the year, what is the total amount of inventory purchases recorded on the debit side of the Inventory T-account and the credit side of the Accounts Payable T-account? Purchases = ?
6-b. What is the total amount of the debits recorded in the Accounts Payable T-account during the year? Total amount of debits recorded = ?
6-c. What does the amount of these debits represent? Multiple choice: Sales, Purchases, Supplier Payments, Cash Collections