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Pickering companys prepaid insurance was 8000 at december

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Pickering Company's prepaid insurance was $8,000 at December 31, 2008, and $10,000 at December 31, 2009. Pickering reported insurance expense of $15,000 on the 2009 income statement. What amount would be reported in the statement of cash flows as insurance paid using the direct method?

Reference no: EM13601307

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