TB MC Qu. 124 (Algo) Use the following information... Use the following information about the current year operations of a company to calculate the cash paid for merchandise. Cost of goods sold Merchandise inventory, January 1 Merchandise inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 $ 243,000 71,800 72,700 69,700 76,800 Multiple Choice $249,200. O $251,000. O $235,000. O $243,000. $236,800. O