Einstein Corporation reported a decrease in inventory of $12,000. The cost of goods sold for the year was $150,000. There was also a $4000 decrease in accounts payable from the beginning of the year to the end of the year. What is Einstein's cash payment to suppliers for inventory?
A) $134,000
B) $142,000
C) $158,000
D) $166,000
Correct Answer:
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