Answer:
Cash paid for merchandise is $236,800
Explanation:
Particulars Amount $
Cost of goods sold 243,000
Add: Merchandise inventory, December 31 72,700
Less: Merchandise inventory, January 1 -71,800
Purchases during the period 243,900
Add: Accounts payable, January 1 69,700
Less: Accounts payable, December 31 -76,800
Cash paid for merchandise 236,800