Southbend Company had sales of $745,000 for the year. The company reported accounts receivable of $64,000 at the end of last year and $60,000 at the end of this year. Southbend's cost of goods sold this year was $453,000. In last year's statement of financial position, the company reported inventory of $62,000 and accounts payable of $32,000. In this year's statement of financial position, Southbend reported inventory of $66,000 and accounts payable of $49,000. Calculate the amount of cash that Southbend paid to its suppliers for inventory during the year.

Southbend Company had sales of $745,000 for the year. The company reported accounts receivable of $64,000 at the end of last year and $60,000 at the end of this year. Southbend's cost of goods sold this year was $453,000. In last year's statement of financial position, the company reported inventory of $62,000 and accounts payable of $32,000. In this year's statement of financial position, Southbend reported inventory of $66,000 and accounts payable of $49,000. Your answer is correct. Calculate the amount of cash that Southbend collected from its customers during the year. Cash collected from customers 749000 e Textbook and Media Your answer is incorrect. Calculate the amount of cash that Southbend paid to its suppliers for inventory during the year. Cash paid to suppliers $