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Given the following financial data for XYZ, Inc.: Inventory on December 31,2020: $5,000...

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Accounting

Given the following financial data for XYZ, Inc.:
Inventory on December 31,2020: $5,000
Inventory on December 31,2021: $3,000
Accounts payable on December 31,2020: $12,000
Accounts payable on December 31,2021:$15,000
Cost of goods sold for the year 2021: $50,000
The net cash paid to suppliers of inventory during the year 2021 is:
$49,000
$55,000
$45,000
$51,000
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