Business, 21.12.2020 17:20 lisamiller

Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold $586,000 Merchandise inventory, January 1 71,800 Merchandise inventory, December 31 62,000 Accounts payable, January 1 71,400 Accounts payable, December 31 65,000A. $569,800B. $582,600C. $576,200D. $586,000E. $595,800

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