X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November: November 1 November 30 Accounts Payable $51,150 $13,660 Merchandise Inventory $53,280 $31,999 In November, payments of Accounts Payable were $346,228, and Cost of Goods Sold was $330,019. Assuming that all merchandise purchases were on account, what were merchandise purchases in November? A: $308,738 OB: $410,622 OC: $546,127 OD: $726,348 OE: $966,043 OF: $1,284,838 Tries 0/99