Question: Testbank Multiple Choice Question 93 Vaughn Manufacturing prepares its statement of cash flows using the direct method for operating activities. For the year ended December

Testbank Multiple Choice Question 93 Vaughn Manufacturing prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2021, Vaughn Manufacturing reports the following activity: Sales on account Cash sales Decrease in accounts receivable Increase in accounts payable Increase in inventory Cost of goods sod $2050000 1117000 919000 105000 1571000 What is the amount of cash payments to suppliers reported by Vaughn Manufacturing for the year ended December 31, 20217 O $1747000 O $1395000 O $1537000 $1605000

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