Partial balance sheets and additional information are listed below for Monaco Company Monaco Company Partial Balance sheet Asset as of December 31 2021 2020 Cash $40,000 20,000 Account Receivable 60,000 90,000 Inventory 25, 200 40,000 Liabilities Account payable $60,000 $72,000 Additional information for 2021 Net income was $270,000 Depreciation expense was $30,000 Sales totaled $800,000 Cost of goods sold totaled $305,000 What is the amount of cash paid to merchandise suppliers during A)$302,000 B) $300,000 C) $317,000 D) $308,000 2021