Squeeze Company Reports the Following If Cost of Goods Sold for the Year Is $220000

Squeeze Company reports the following: $$\begin{array} { l c c } & \text { End of Year } & \text { Beginning of Year } \\\text { Inventory } & \$ 25,000 & \$ 42,000 \\\text { Accounts Payable } & 22,000 & 12,000\end{array}$$ If cost of goods sold for the year is $220000 the amount of cash paid to suppliers is

A) $227000.
B) $205000.
C) $193000.
D) $247000.

Correct Answer:

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