Use the Following Information About the Current Year's Operations of a Company

Multiple Choice

Use the following information about the current year's operations of a company to calculate the cash paid for merchandise.
$\begin{array}{|l|r|}\hline \text { Cost of good sold } & \$ 536,000 \\\hline \text { Merchandise inventory, January 1 } & 64,800 \\\hline \text { Merchandise inventory, December 31 } & 57,000 \\\hline \text { Accounts payable, January 1 } & 64,400 \\\hline \text { Accounts payable, December 31 } & 59,000\\\hline \end{array}$

A) $522,800
B) $533,600
C) $528,200
D) $536,000
E) $543,800