Relevant Account Balances for Martinez Corporation Are $\underline{\text { Income information for } 2017}$

Relevant account balances for Martinez Corporation are:
$\begin{array}{lrr}&12/31/17&1/01/17\\\text { Accounts receivable } & \$ 18,000 & \$ 14,000 \\\text { Inventory } & 24,000 & 26,000 \\\text { Prepaid insurance } & 1,500 & 2,100 \\\text { Accounts payable } & 25,000 & 26,000\end{array}$

$\underline{\text { Income information for } 2017}$
$\begin{array}{l}\text { Revenue } &&\$120,000\\\text { Cost of goods sold } & \$ 60,000 \\\text { Insurance expense } & 6,000 \\\text { Operating expenses } & 18,000 \\\text { Depreciation } &\underline{ 10,000}&\underline{94,0000} \\\text { Net income }&&\underline{\$26,000}\end{array}$
How much cash was paid to suppliers for inventory during 2017?

A) $2,000
B) $59,000
C) $63,000
D) $61,000