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Cribbets Company uses the direct method in determining net cash provided by operating activities, During the year, operating expenses were $277,000, prepaid expenses increased $24,000,
Cribbets Company uses the direct method in determining net cash provided by operating activities, During the year, operating expenses were $277,000, prepaid expenses increased $24,000, and accrued expenses payable increased $41,000. Cash payments for operating expenses were
Select one:
A. $260,000.
B. $294,000.
C. $212,000.
D. $342,000.
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