The income statement for GoGreen Company shows cost of goods sold $300,000 and operating expenses (exclusive of depreciation) $230,000. The comparative balance sheet for the year shows that inventory increased $25,000, prepaid expenses decreased $8,000, accounts payable (related to merchandise) decreased $15,000, and accrued expenses payable increased $11,000. Compute cash payments to suppliers. a. Cost of goods sold Plus: Increase in inventory $300,000 b. Cost of goods sold $300,000 $25,000 Plus: Increase in inventory $25,000 Deduct: Decrease in accounts payable ($15,000) Plus: Decrease in accounts payable $15,000 Cash payments to suppliers $310,000 Cash payments to suppliers $340,000 c. Cost of goods sold $300,000 d. Cost of goods sold $300,000 Deduct: Increase in inventory ($25,000) Deduct: Increase in inventory ($25,000) Plus: Decrease in accounts payable $15,000 Deduct: Decrease in accounts payable ($15,000) Cash payments to suppliers $290,000 Cash payments to suppliers $260,000