Wages and other operating expenses total $1 12,000. Beginning-of-period prepaid expenses totaled $1,200, and its ending balance
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Wages and other operating expenses total $1 12,000. Beginning-of-period prepaid expenses totaled $1,200, and its ending balance is $4,200. The end-of-period wages payable equal $5,600, whereas there were no accrued liabilities at period-end. How much cash is paid for wages and other operating expenses?
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