The cost of merchandise sold during the year was $56,436. Merchandise inventories were $13,397 and $8,523 at the beginning and end of the year, respectively. Accounts payable were $6,960 and $4,037 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise total

$54,485

$48,639

$56,436

$6,960