Using the following information, compute cash paid for inventory purchases. Write the dollar amount of your answer. (Do not write the dollar sign.) Note: All accounts payable relate to inventory purchases. Sales $10,000 Cost of goods sold 5,300 Operating expenses 3,800 End of Year Beginning of Year Prepaid operating expenses $1,000 $700 Accounts payable 1,350 1,200 Inventory 2,500 2,100 Accounts receivable 1,400 1,375