X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November: November 1 November 30 Accounts Payable Merchandise Inventory $53,569 $52,576 $54,136 $43,274 In November, payments of Accounts Payable were $305,230, and Cost of Goods Sold was $315,099. Assuming that all merchandise purchases were on account, what were merchandise purchases in November? A: $305,797|| OB: $406,710 C: $540,924 OD: $719,429 OE: $956,841 OF: $1,272,599 Tries 0/99