The cost of goods sold during the year was 555,465 . Merchandise imventories were 512,648 and 58,928 at the beginning and end of the vear, respectreih Accounts payable (ail owed to merchandise suppliers) were $7,152 and $3,986 at the beginnihg and end of the year, respectively. Using the direct method of reporting cath fidws from operating activities, find the total cash payments for merchandise. Select the correct answer: 57,132 394,911 5414.47