QUESTION 2 Selected financial statement information for Johnston Enterprises is presented below. Balance Sheet Data Cash Accounts Receivable Less: Allowance for Bad Debts Prepaid Rent Inventory Property, Plant, and Equipment Less: Accumulated Depreciation Total Assets 100 Unearned Revenue Accounts Payable (merchandise suppliers) Bank Loan Common Stock Retained Earnings Total Liabilities & Stockholders' Equity Income Statement Data for Calendar Year 2014 December 31, December 31, 2013 2014 $104,000 246,000 (27,000) 15,000 332,000 1,122,000 (442,000) $1,350,000 50,000 $102,000 391,000 467,000 340,000 $1,350,000 $36,000 178,000 (32,000) 42,000 391,000 1,377,000 (592,000) $1,400,000 53,000 $187,000 350,000 510,000 300,000 $1,400,000

Selected financial statement intormation for Johnston Enterprises is presented below Balance. Shoet Data Income Statement Data for Calendar Year 2014 How much cash did Johnston pay to suppliers of merchandize in 2014? A $954,000 B. $595,000 C. $969,000 D. None of the above