Sellers Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000 for 2014. During the year,

Question:

Sellers Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000 for 2014. During the year, prepaid expenses decreased $7,200 and accrued expenses payable increased $4,400. Compute the cash payments for operating expenses in 2014.

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