Sand Company reported the following information for the current year: operating expenses, $757,500; increase in accrued liabilities, $65,100; and decrease in prepaid expenses, $36,600

What is the amount of cash paid for operating expenses that Sand Company would report on its statement of cash flows under the direct method?

Group of answer choices

$655,800

$859,200

$729,000

$786,000

PreviousNext