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 $227,000 55,800 Merchandise inventory, December 31 58,300 Accounts payable, January 1 55,300 Accounts payable, December 31 60,800 Multiple Choice $227,000. $235,000. $219,000. $224,000.