The following information is available for Kringle Company. What amount of cash was paid for merchandise during 2018? Cost of goods sold Merchandise inventory, 12/31/17 95,000 Merchandise inventory, 12/31/18 132,000 Accounts Payable, 12/31/17 98,500 Accounts Payable, 12/31/18 99,300 $535,000 O $571,200 $572,800 O$498,800 $535,000