Statement of Cash Flows Rotnest Limited has provided the following information:

Statement of Cash Flows Rotnest Limited has provided the following information: ย  Cost of goods sold for the year $60 000 ย  Purchases for the year (on credit terms) $88 000 ย  Discounts received for early payment to suppliers $2 200 ย  Stock write-offs owing to water damage $5 000 ย  Opening balance of trade creditors $44 000 ย  Closing balance of trade creditors $38 500 ย  Opening balance of inventory $10 000 ย  Closing balance of inventory $25 000 ย  Required: Determine the cash payments made to suppliers during the year.ย Ignore any GST implications..