Partial balance sheets and additional Information are listed below for Ensign Company. Ensign Company Partial Balance Sheets as of December 31 2021 2020 Assets Cash $21,500 $43,000 Accounts receivable 93,000 63,000 Inventory 21,200 26,500 Liabilities Accounts payable $75,000 $59.500 Additional information for 2021: Net income was $173,000. Depreciation expense was $33,000. Sales totaled $430,000. Cost of gods sold totaled $148,000. Required: Prepare the summary entry for the amount of cash paid to merchandise suppliers during 2021. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet