XYZ Company provided the following information for the year 20X4: 27 . Accounts Payable balance at the beginning of 20X4: $25,000 Accounts Payable balance at the end of 20X4: $40,000 Inventory balance at the beginning of 20X4: $16,000 Inventory balance at the end of 20X4: $31,000 Cost of Goods Sold recorded in 20X4: $69,000 3 01:07:43 . eBook All inventory purchases during the period were on account. Given the above information, determine the about of cash paid to suppliers in the year 20X4. O $54,000 O $69,000 O $0 O $84,000 O $69,000 O $39,000