X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November: November 1 November 30 Accounts Payable $53,945 $72,024 Merchandise Inventory $59,356 $66,196 In November, payments of Accounts Payable were $300,243, and Cost of Goods Sold was $311,482. Assuming that all merchandise purchases were on account, what were merchandise purchases in November? OA: $49,662 B: $72,010 OC: $104,415 OD: $151,402 OE: $219,532 OF: $318,322 Tries 0/99