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Calculate the cash payments for operating expenses

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Question - Waterway Industries reported operating expenses of $373000 for 2018. The following data were extracted from the company's financial records:

12/31/17 12/31/18

Prepaid Expenses $60600 $69200

Accrued Expenses 210300 255000

On a statement of cash flows for 2018, using the direct method, calculate the cash payments for operating expenses?

$336900.

$426300.

$319700.

$409100.

Reference no: EM132197269

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