Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

The following data is from Los Altos, Inc.:
Cost of goods sold $108,000
Inventory, January 1 19,000
Inventory, December 31 22,000
Accounts payable, January 1 11,000
Accounts payable, December 31 7,000

Using the above data, calculate the cash Los Altos, Inc. paid for merchandise purchased: $