Use the Information Provided to Calculate the Missing Cash Paid

Essay

Use the information provided to calculate the missing cash paid for merchandise for the period.
$$\begin{array} { l | | l } \text { Accounts payable, beginning-year } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 60,000 \\\hline \text { Cost af goods sold } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 244,000 \\\hline \text { Merchandise inventory, beginning-year } \ldots \ldots \ldots \ldots \ldots \ldots & 35,000 \\\hline \text { Merchandise inventory, year-end } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 40,500 \\\hline \text { Accounts payable, year-end } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots & 64,800 \\\hline \text { Cash paid for merchandist } \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots \ldots &\end{array}$$