was issued during the year? A) New long-term debt issued during the year was $9,000. B) New long-term debt issued during the year was $61,800. C) New long-term debt issued during the year was $26,100. D) New long-term debt issued during the year was $300. 2) A company's inventory account increased $26,800 and its accounts payable account decreased $18,240 during the year. The accounts payable relates only to the acquisition of inventory. Sales were $789,500 and cost of goods sold was $532,700. What was the amount of payments to supplier of inventory? A) $532,700 B) $559,500 C) $541,260 D) $577,740 16.1 mpany uses the indirect method to prepare the statement of cash flows. It presents the following amounts ember 31, 2007 financial statements. December 31, 2006 December 31, 2007 Accounts receivable $100.000 $110.000