The general ledger of AXM, Incorporated, provides the following information relating to purchases of merchandise:

End of Year Beginning of Year

Inventory $ $820,000$ $ $780,000$

Accounts payable to merchandise suppliers $430,000500,000$

The company$$s cost of goods sold during the year was $$2,888,000.$

Required:

Compute the amount of cash payments made during the year to suppliers of merchandise.