Romo Inc. reported the following information for the current year: operating expenses, $210,000; decrease in prepaid expenses,

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Romo Inc. reported the following information for the current year: operating expenses, $210,000; decrease in prepaid expenses, $4,900; and increase in accrued liabilities, $6,100. What is the amount of cash paid for operating expenses that Romo would report on its statement of cash flows under the direct method?

a. $199,000

b. $208,800

c. $211,200

d. $221,000 Cornerstone Exercises Cornerstone Exercise

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