Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold Merchandise inventory, January 1 Merchandise inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 O $757,700. $746,200. $752,300. $745,900. $758,100. $ 755,000 88,700 86,000 56,900 63,000