Coronado Industries reported operating expenses of $373000 for 2021. The following data were extracted from the companys financial records:

	12/31/20	12/31/21
Prepaid Expenses	$ 60600	$68100
Accrued Expenses	209000	251000

On a statement of cash flows for 2021, using the direct method, cash payments for operating expenses should be

$422500.

$407500.

$323500.

$338500.