The cost of goods sold during the year was $183000. Merchandise inventory decreased by $8000 during the year and accounts payable decreased by $4000 during the year. Using the direct method of reporting cash flows from operating activities cash payments for merchandise total

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The Answer of The cost of goods sold during the year was $183000. Merchandise inventory decreased by $8000 during the year and accounts payable decreased by $4000 during the year. Using the direct method of reporting cash flows from operating activities cash payments for merchandise total

The Cost of Goods Sold During the Year Was $183000