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The following information is available for H4-Y2b Company: Accounts payable Inventory January 1, 2020 $74,000 $96,000 December 31, 2020 $28,000 $60,000 H4-Y2b Company reported reported
The following information is available for H4-Y2b Company: Accounts payable Inventory January 1, 2020 $74,000 $96,000 December 31, 2020 $28,000 $60,000 H4-Y2b Company reported reported cost of goods sold of $518,000 in its 2020 income statement. Calculate the amount of cash paid to suppliers for purchases of inventory reported in H4-Y2b Company's 2020 statement of cash flows
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