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Current Attempt in Progress The income statement for Coronado Company showed cost of goods sold of $82,100 and operating expenses of $65,700. The comparative balance
Current Attempt in Progress The income statement for Coronado Company showed cost of goods sold of $82,100 and operating expenses of $65,700. The comparative balance sheets for the year show that inventory decreased $5,700, prepaid expenses increased $7,700, accounts payable increased $3,700, and accrued expenses payable decreased $5,700. Compute cash payments to suppliers and cash payments for operating expenses using the direct method. Cash payments to suppliers Cash payments for operating expenses $
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