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St. Pierre Enterprises reported the following information in its financial statements: Amounts are as of or for the year ended Prior Year Current Year Inventory
St. Pierre Enterprises reported the following information in its financial statements: Amounts are as of or for the year ended Prior Year Current Year Inventory $55,000 $80,000 Accounts Receivable 68,000 103,000 Accounts Payable 34,500 40,000 Sales Revenue 305,000 375,000 Cost of Goods Sold 203,000 250,000 Use the information above to answer the following question. What is the amount of cash payments made to suppliers during the current year $230,500 $394,500 $280,500 $269,500
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