A Company Had Cost of Goods Sold of $150,000 During

A company had cost of goods sold of $150,000 during a given period.Compute cash paid for merchandise during this period given the following data.
$\begin{array}{|l|r|r|}\hline &\text { Beginning } & \text { Ending } \\&\text { Balance } & \text { Balance }\\ \hline \text { Accounts Payable } & \$ 20,000 & \$ 17,500 \\\hline \text { Merchandise Inventory } & 35,000 & 42,000\\\hline\end{array}$

A) $145,500
B) $159,500
C) $140,500
D) $154,500
E) $157,000