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The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January 1 Accounts receivable $ 276,000 $ 271,500

The financial statements of New World, Incorporated, provide the following information for the current year:

December 31 January 1
Accounts receivable $ 276,000 $ 271,500
Inventory $ 266,250 $ 255,000
Prepaid expenses $ 68,400 $ 64,500
Accounts payable (for merchandise) $ 241,800 $ 227,550
Accrued expenses payable $ 66,150 $ 73,950
Net sales $ 3,112,500
Cost of goods sold $ 1,636,500
Operating expenses (including depreciation of $52,000) $ 370,500

What is the amount of New World's cash payments for operating expenses during the current year?

Question 10 options:

$326,300

$330,200

$382,200

$322,400

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