A comparative balance sheet and income statement is shown for Cruz, Inc. CRUZ, INO Comparative Balance Sheets December 31, 2013 20132012 Assets Cash Accounts receivable, net Inventory Prepaid expenses Furniture $94,800 24,000 41,00051,000 85.800 95,800 4,200 109,000 119,000 (9,000) 5,400 Accum. depreciation-Furniture(17,000) Total assets $319,000 $285,000 Liabilities and Equity Accounts payable Wages payable Income taxes payable Notes payable (long-term) Common stock, $5 par value Retained earnings 15,000 21,000 5,000 1,400 2,600 29,000 69,000 229,000 179,000 8,400 9,000 35,600 Total liabilities and equity $319,000 $285,000 CRUZ, INC Income Statement For Year Ended December 31, 2013 $488,000 Sales Cost of goods sold 314,000 174,000 89,100 126, 700 47 300 Gross profit Operating expenses Depreciation expense $37600 Other expenses Income before taxes Income taxes expense 17-300 Net income s 30,000 1. How much cash is paid to acquire merchandise inventory during year 2013