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Cash Paid for Operating Expenses The following information was obtained from Knox Company's income statement for 2 0 - 2 , balance sheets as of

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Cash Paid for Operating Expenses
The following information was obtained from Knox Company's income statement for 20-2, balance sheets as of December 31,20-2 and 20-1, and auxiliary recoras:
Operating expenses for 20-2$351,060
Depreciation expense for 20-222,780(Included in operating expenses.)
\table[[,20-2,20-1
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