The Salem Corporation sells inventory costing $15,000 each month during Year One. At the beginning of the year, the company's balance sheet showed inventory with a balance of $22,000 and accounts payable of $19,000. At the end of the year, the balance sheet reported inventory and accounts payable both with balances of $20,000. On a statement of cash flows where operating activities are reported by means of the direct method, what is the amount of cash paid for inventory for the year? 1 2 $150,000 $199,000 $182,000 $90,000 3 4