Partial balance sheets and additional information are listed below for Ensign Company.

Ensign Company

Partial Balance sheets

as of Decerber $31$

$2024$

$2023$

Assets

Cash

Accounts receivable

Inventory

$$20,000$

$$40,000$

$90,000$

$60,000$

$20,000$

$25,000$

Liabilities

necounts payable

$\%72,000,$&$58,000$

Additional information for $2024$ :

Net income was $$170,000.$

Depreciation expense was $$30,000.$

Sales totaled $$400,000.$

Cost of goods sold totaled $$145,000.$

Required: Prepare the summary entry for the amount of eash paid to merchandise suppliers during $2024.$ pts$)$