Toro Company recognized $655,000 of cost of goods sold in 2010, in addition its implementation of a just-in-time inventory systern allowed it to reduce its Toro Company recognized $655,000 of cost of goods sold in 2010, in addition its implementation of a just-in-time i of the year to $230,000 at the end of 2010. How much cash did Toro spend for inventory in 2010? a. $620,000
b. $655,000
c. $980,000
d. $560,000