Fertilizer Incorporated Reports an Increase in Accounts Payable of $9,200

Multiple Choice

Fertilizer Incorporated reports an increase in Accounts Payable of $9,200 and an increase in inventory of $45,000 for the current year.Accounts Payable relates solely to the purchase of merchandise.Sales on account were $532,100 and cost of goods sold was $358,000.The payments to suppliers for inventory during the period were:

A) $393,800
B) $322,200
C) $412,200
D) $303,800