Hickory Inc. reports the following: End of Year Beginning of Year
Merchandise Inventory $26,000 $42,000
Accounts Payable 33,000 18,000
If cost of goods sold for the year is $137,000, the amount of cash paid to suppliers is
A)$168,000.
B)$138,000.
C)$136,000.
D)$106,000.

Question

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The Answer of Hickory Inc. reports the following: End of Year Beginning of Year
Merchandise Inventory $26,000 $42,000
Accounts Payable 33,000 18,000
If cost of goods sold for the year is $137,000, the amount of cash paid to suppliers is
A)$168,000.
B)$138,000.
C)$136,000.
D)$106,000.