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During the year 2018-19, the expenses actually paid were $ 64,000. Find out the amount of expenses chargeable to Income and Expenditure Account for the year ended 31 March, 2019, if prepaid expenses and outstanding expenses are as follows: * $ Prepaid expenses on 31.3.2018 5,000 Prepaid expenses on 31.3.2019 6,500 Outstanding expenses on 31.3.2018 3,000 Outstanding expenses on 31.3.2019 8,600