Blair Company had total operating expenses of $180,000 in 2012, which included Depreciation Expense of $35,000. Also,

Question:

Blair Company had total operating expenses of $180,000 in 2012, which included Depreciation Expense of $35,000. Also, during 2012, prepaid expenses increased by $9,000 and accrued expenses decreased by $6,700.
Instructions
Calculate the amount of cash payments for operating expenses in 2012 using the direct method.

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