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 $244,000 72,800 73,600 70,600 77,800 O $236,000 O $237,600 O $250,400 O $244.000