BobTheAskerCanW536 BobTheAskerCanW536 18-05-2021 Business contestada Sherman Corporation had January 1 and December 31 balances as follows. 1/1/20 12/31/20 Inventory $111,000 $128,000 Accounts payable 70,000 77,000 For 2020, cost of goods sold was $278,000. Compute Sherman’s 2020 cash payments to suppliers.