Based on the following information provided about a company's operations, calculate its cost of goods purchased and its cash paid for merchandise. Cost of goods

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Based on the following information provided about a company's operations, calculate its cost of goods purchased and its cash paid for merchandise.
Cost of goods sold.......................................... $413000
Merchandise inventory, beginning year............70000
Accounts payable, beginning year ...... .............52000
Merchandise inventory, end-of-year.................67000
Accounts payable, end-of-year..........................48000