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Mayan Corporation reported balances in the following accounts for the current year: ...

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Accounting

Mayan Corporation reported balances in the following accounts for the current year:

Beginning Ending
Inventories $ 690 $ 390
Accounts payable 310 510

Cost of goods sold was $7,600. What was the amount of cash paid to suppliers?

  • $7,600.

  • $7,100.

  • $7,800.

  • $7,300.

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