X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November:

X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November: Accounts Payable Merchandise Inventory November 1 $52,932 $57,909 November 30 $70,722 $72,098 In November, payments of Accounts Payable were $324,635, and Cost of Goods Sold was $328,236. Assuming that all merchandise purchases were on account, what were merchandise purchases in November? OA: $257,462 OB: $342,425 OC: $455,425 OD: $605,716 OE: $805,602 OF: $1,071,450 EXER Tries 0/99