The following information was taken from the 2012 annual report of Bed Bath & Beyond, a leading house hold retailer (dollars in thousand):
2011
COGS: 5,568,957
Inventory: 2,071,890
Accounts Payable: 752,064
2012
COGS: 6,525,880
Inventory: 2,466,264
Accounts Payable: 913,365
Assume that accounts payable reflects only accounts with inventory suppliers, and compute the cash payments made to suppliers during 2012. Show the T-account for Accounts Payable.