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The Wicker Corporation had operating expenses, other than salaries, wages, and amortization, of $98,000. Prepaid expenses had a net increase during the period of $4,000.

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The Wicker Corporation had operating expenses, other than salaries, wages, and amortization, of $98,000. Prepaid expenses had a net increase during the period of $4,000. Accrued liabilities had a net increase of $7,000 during the period. How much were the cash payments for operating expenses? O A. $101,000 OB. $109,000 O C. $87,000 OD. 595,000 Which of the following statements is TRUE? O A. The Cash Flow Statement is not required by generally accepted accounting principles OB. The Cash Flow Statement is a summary of all the transactions that affected Net Income. O C. The Cash Flow Statement reports why cash increased or decreased during the accounting period. OD. The Cash Flow Statement is for a point in time

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