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Sunland Corporation had January 1 and December 31 balances as follows. 1/1/20 12/31/20 Inventory $88,000 $104,000 Accounts payable 50,000 59,000 For 2020, cost of goods
Sunland Corporation had January 1 and December 31 balances as follows. 1/1/20 12/31/20 Inventory $88,000 $104,000 Accounts payable 50,000 59,000 For 2020, cost of goods sold was $479,000. Compute Sunland's 2020 cash payments to suppliers. Cash payments to suppliers $
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