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Calculate the amount of cash payments for operating expenses

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Problem - Larkspur Company had total operating expenses of $120,000 in 2022, which included depreciation expense of $24,000. Also during 2022, prepaid expenses increased by $8,800 and accrued expenses decreased by $6,900. Calculate the amount of cash payments for operating expenses in 2022 using the direct method?

Reference no: EM132817495

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