use the following information about the current year operations of a company to calculate the cash paid for merchandise.

Cost of goods sold $,$$$740,000$

Merchandise inventory, January $185,700$

Merchandise inventory, December $3183,300$

Accounts payable, January $1,55,100$

Accounts payable, December $31,60,900$

$$731,800.$

$$731,200.$

$$737,600.$

$$742,400.$

$$742,800.$