X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November: November 1 November 30 Accounts Payable $55,128 $52,331 In November, payments of Accounts Payable were $316,478, and Cost of Goods Sold was $327,464. Assuming that all merchandise purchases were on account, what were merchandise purchases in November? OA: $133,332 OB: $177,331 OC: $235,850 OD: $313,681 OE: $417,196 OF: $554,870 Tries 0/99 Merchandise Inventory $56,913 $43,130