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Business, 23.07.2021 04:00 yrodrig13

Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold……………………………….. $ 735,000
Merchandise inventory, January 1………………. 84,700
Merchandise inventory, December 31…………… 82,400
Accounts payable, January 1……………………. 54,500
Accounts payable, December 31……………….. 60,200

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