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Clare Company had total operating expenses of $185,000 in 2020, which included Depreciation Expense of $36,000. Also, during 2020, prepaid expenses increased by $8,000
Clare Company had total operating expenses of $185,000 in 2020, which included Depreciation Expense of $36,000. Also, during 2020, prepaid expenses increased by $8,000 and accrued expenses decreased by $7,600. Calculate the amount of cash payments for operating expenses in 2020 using the direct method. Cash payments for operating expenses $
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