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Up and Away Unlimited provides the following information for the period ended 30 June 2014: Cost of goods sold for the year $ 450 000

Up and Away Unlimited provides the following information for the period ended 30 June 2014: Cost of goods sold for the year $ 450 000 Discounts received for early payments to suppliers $25 000 Opening balance of trade creditors $210 000 Closing balance of trade creditors $240 000 Opening balance of inventory $111 000 Closing balance of inventory $130 000 What is the cash paid to suppliers for the period?

Select one:

a. $376 000

b. $474 000

c. $426 000

d. $415 000

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