During the Year, Oak Inc

question 58

Multiple Choice

During the year, Oak Inc.reported other operating expenses of $85,000.The Prepaid Expenses decreased $7,000 during the year, and Accrued Liabilities increased by $13,000.What were Oak's cash payments for operating expenses for the year?

• A)$105,000
• B)$ 91,000
• C)$ 79,000
• D)$ 65,000

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