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The following information was taken from the 2019 financial statements of Keagan Corporation: Inventory, January 1, 2019 $150,000 Inventory, December 31, 2019 210,000 Accounts payable,

The following information was taken from the 2019 financial statements of Keagan Corporation:

Inventory, January 1, 2019 $150,000
Inventory, December 31, 2019 210,000
Accounts payable, January 1, 2019 220,000
Accounts payable, December 31, 2019 290,000
Sales revenue 1,000,000
Cost of goods sold 700,000

If the direct method is used in the 2019 statement of cash flows, what amount should Keagan report as cash payments to suppliers?

$700,000

$830,000

$570,000

$690,000

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