Question 18 (3.4 points) Baltic Backpack Company, a distributor, purchases all its backback inventory from PacTrax Limited, Selected account balances are included in the following table: Cash Accounts receivable Allowance for doubtful accounts Shoe inventory Accounts payable, Styles Limited Dec 31, 2019 $15,400 85,000 7,100 100,000 50,000 Dec. 31, 2020 $35,000 92,000 9,900 75,000 45,000 Sales revenue Cost of Goods Sold Operating expenses 1,000,000 600,000 282,000 Baltic Backpack Company uses the direct method to report operating activities in its Statement of Cash Flows How much will Baltic report as cash paid to suppliers in its 2020 Statement of Cash Flows? $625,000 $580,000 $575,000 $600,000 MacBook Pro # sk A $ % & 3 4 5 6 7 8 9 E R T Y 1 il