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

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