use the following information about the current years operations of a company to calculate the cash paid for mechandise

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 $680,000 103,000 133,000 104,000 78,000 Multiple Choice $783,000 $736,000 $624,000