Defendant, a wholesale supplier to debtor, appealed a bankruptcy court judgment granting chapter 7 trustee's claim that payments made by debtor to defendant were preferences under 11 U.S.C. § 547(b). On appeal, the district court considered defendant's arguments that various payments made to it were excepted from § 547(b) preference treatment by § 547(c)(1), (2), and (4). Finding that none of the exceptions applied, the district court affirmed the bankruptcy court judgment.