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In 2023, Sarasota Corp. had cash receipts from customers of $147,000 and cash payments for operating expenses of $97,000. At January 1,2023 , accounts receivable
In 2023, Sarasota Corp. had cash receipts from customers of $147,000 and cash payments for operating expenses of $97,000. At January 1,2023 , accounts receivable were $10,000 and total prepaid expenses were $17,400. At December 31,2023 , accounts receivable were $17,900 and total prepaid expenses were $21,300. Calculate the following
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