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The Arts Supply, Inc. general ledger provides the following information relating to purchases of merchandise. Inventory Accounts payable to merchandise suppliers End of Year $855,000

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The Arts Supply, Inc. general ledger provides the following information relating to purchases of merchandise. Inventory Accounts payable to merchandise suppliers End of Year $855,000 465,000 Beginning of Year $780,000 500,000 The company's cost of goods sold during the year was $2.730,000. Compute the amount of cash payments made during the year to suppliers of merchandise. Cash payments to suppliers of merchandise

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