The Financial Statements for Warren Company Show the Following Based on This Information, Cash Paid for Merchandise Was
A)

Multiple Choice

The financial statements for Warren Company show the following:
Cost of goods sold $725,000
$\begin{array}{|l|l|l|}\hline & \text { Begiuning Balance } &\text { Eurling Bnlance }\\\hline \text { Merchandise Inventory } & \$ 45,000&\$56,000 \\\hline \text { Accounts Receivable } & 53,000 &50,000\\\hline \text { Accounts Payable } & 37,000&42,000\\\hline \end{array}$
Based on this information, cash paid for merchandise was

A) $736,000
B) $719,000
C) $731,000
D) $741,000