DiCaprio Company reports operating expenses of ($270,000) excluding depreciation expense of ($45,000) for 2002. During the year

Question:

DiCaprio Company reports operating expenses of $$270,000$ excluding depreciation expense of $$45,000$ for 2002. During the year prepaid expenses decreased $$19,800$. and accrued expenses payable increased $$13,200$. Compute the cash payments for operating expenses in 2002.

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