Inventory on January 1 and December 31 is $46,000 and $42,000, respectively. Accounts payable on January 1 and December 31 are $31,000 and $29,000, respectively. During the year, cost of goods sold is $186,000. How much is the current year's cash payments to suppliers of inventory?
a. $184,000
b. $213,000
c. $181,000
d. $191,000

Question

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The Answer of Inventory on January 1 and December 31 is $46,000 and $42,000, respectively. Accounts payable on January 1 and December 31 are $31,000 and $29,000, respectively. During the year, cost of goods sold is $186,000. How much is the current year's cash payments to suppliers of inventory?
a. $184,000
b. $213,000
c. $181,000
d. $191,000

Inventory on January 1 and December 31 Is $46,000 and $42,000