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A company's Inventory balance at the end of the year was $206,000 and $220,000 at...

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Accounting

A company's Inventory balance at the end of the year was $206,000 and $220,000 at at the beginning of the year. Its Accounts Payable balance at the end of the year was $104,000 and $98,000 at the beginning of the year, and its cost of goods sold for the year was $740,000. The company's total amount of cash payments for merchandise during the year equals

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