The following information is available for Kringle Company. What amount of cash was paid for merchandise during 2018?
A) $535,000
B) $572,800
C) $498,800
D) $571,200
D) $571,200
Explanation: COGS + increase in inventory - increase in A/P;
ex: $535,000 + ($132,000 - $95,000) - ($99,300 - $98,500) = $571,200
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