Question: 11. The information in Exhibit 1 is extracted from Sweetfall Incorporateds financial statements. Exhibit 1: Sweetfall Inc. Income Statement Balance Sheet Changes Revenue USD56,800 Decrease

11. The information in Exhibit 1 is extracted from Sweetfall Incorporated’s financial statements.

Exhibit 1: Sweetfall Inc.

Income Statement Balance Sheet Changes Revenue USD56,800 Decrease in accounts receivable USD1,324 Cost of goods sold 27,264 Decrease in inventory 501 Other operating expense 562 Increase in prepaid expense 6 Depreciation expense 2,500 Increase in accounts payable 1,063 The amount of cash Sweetfall Inc. paid to suppliers is:

A. USD25,700.

B. USD26,702.

C. USD27,826.

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