Early Years Corporation reports a $17,000 increase in Inventory and a $30,000 increase in Accounts Payable for the year.If the Cost of Goods Sold is $400,000 for the year,the cash paid to Early Years' suppliers for inventory is:
A) $353,000.
B) $370,000.
C) $387,000.
D) $447,000.
Correct Answer:
Verified
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