The Financial Statements for Warren Company Show the Following:
Cost

Multiple Choice

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

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