Mr. Paul also had cash sales during the year amounting to $1,230,000, cash purchases amounting to $953,000, cash receipts from debtors for $145,000, cash payments to suppliers for $123,600, discounts to credit customers was $23,000, and discounts from credit suppliers was $14,500. In light of this information, how much was the total purchases for the year?

Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor