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The following selected account balances were taken from L4vQ Company's 2033 accounting records: January 1, 2033 December 31, 2033 Accounts payable $63,000 $34,000 Common stock

The following selected account balances were taken from L4vQ Company's 2033 accounting records:  January 1, 2033 December 31, 2033 Accounts payable $63,000 $34,000 Common stock $28,000 $61,000 Inventory $42,000 $84,000 Notes payable $34,000 $65,000 Retained earnings $19,000 $47,000 Unearned revenue $22,000 $29,000 L4vQ Company's income statement for 2033 appears below: Sales revenue $707,000 Cost of goods sold $563,000 Salaries expense $ 95,000 Net income $ 49,000 Calculate the amount of cash L4vQ Company paid to its suppliers for purchases of inventory during 2033.

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