Hiller Company Had Total Operating Expenses of $155,000 in 2014

question 66

Essay

Hiller Company had total operating expenses of $155,000 in 2014, which included depreciation expense of $35,000. Also during 2014, prepaid expenses decreased by $9,000 and accrued expenses increased by $7,500.
Instructions
Calculate the amount of cash payments for operating expenses in 2014 using the direct method.

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Definitions:

Type B

A personality type characterized by a generally laid-back, relaxed, and less competitive attitude towards life, in contrast to the more stressed and aggressive Type A personality.

Type C

A personality style characterized by emotional expression, suppression, and an increased risk of stress-related illnesses.

Immune System

A complex network of cells, tissues, and organs in the body that works to defend against infectious diseases and foreign invaders.

Stress

A psychological and physical response to demands or threats, which can affect mental health and overall well-being.