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The following selected account balances were taken from Tyson Company's balance sheets for 2028: January 1 December 31 Inventory $14,000 $69,000 Salaries payable $22,000
The following selected account balances were taken from Tyson Company's balance sheets for 2028: January 1 December 31 Inventory $14,000 $69,000 Salaries payable $22,000 $13,000 Accounts receivable $36,000 $77,000 Retained earnings $58,000 $82,000 Accounts payable $49,000 $26,000 Tyson Company's 2028 income statement included sales revenue of $714,000, cost of goods sold of $526,000, and net income of $79,000. Calculate the amount of cash paid to suppliers for purchases of inventory during 2028.
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