A companys inventory balance was 204000 at 123111 and, Financial Accounting

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A companys inventory balance was 204000 at 123111 and

A company's inventory balance was $204,000 at 12/31/11 and $191,600 at 12/31/12. Its accounts payable balance was $81,600 at 12/31/11 and $85,800 at 12/31/12, and its cost of goods sold for 2012 was $734,400. The company's total amount of cash payments for merchandise in 2012 equals:

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Financial Accounting: A companys inventory balance was 204000 at 123111 and

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