How much cash was paid to suppliers

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The financial statements for World Company show the following:

Cost of goods sold, $716,000.

                                              Beginning Balance       Ending Balance

Merchandise Inventory         $46,900                           $59,800

Accounts Receivable              56,800                            51,900

Accounts Payable                  38,900                            45,800

Question 1: How much cash was paid to suppliers?

Reference no: EM132490340

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