Newton Corporation reported an increase in inventory of $75,000.The cost of goods sold for the year was $180,000.There was also a $7,000 decrease in accounts payable from the beginning of the year to the end of the year.What is Newton's cash payment to suppliers for inventory?
A)$187,000
B)$248,000
C)$255,000
D)$262,000

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The Answer of Newton Corporation reported an increase in inventory of $75,000.The cost of goods sold for the year was $180,000.There was also a $7,000 decrease in accounts payable from the beginning of the year to the end of the year.What is Newton's cash payment to suppliers for inventory?
A)$187,000
B)$248,000
C)$255,000
D)$262,000

Newton Corporation Reported an Increase in Inventory of $75,000