Jackson Company prepays the rent on various offi ce facilities. The beginning balance in Prepaid Rent was

Question:

Jackson Company prepays the rent on various offi ce facilities. The beginning balance in Prepaid Rent was

$9,600, and the ending balance was $7,300. The income statement reports Rent Expense of $45,900.

Under the direct method, what amount would appear for cash paid in rent in the Operating Activities section of the statement of cash fl ows?

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