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Francis Company had operating expenses of $20,000 and depreciation expenses of $4,000. Assuming no other transactions, what was the cash paid for operating expenses? Select

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Francis Company had operating expenses of $20,000 and depreciation expenses of $4,000. Assuming no other transactions, what was the cash paid for operating expenses? Select one: a. $24,000 b. $16,000 c. $22,000 d. $20,400

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