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The Following Items Were Reported on the Balance Sheets and Income

question 18

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The following items were reported on the balance sheets and income statement for Centerton Inc. ,a service company:  Accounts payable, December 31,2017$64,000 Accounts payable, December 31,201848,000 Operating expenses-2018 170,000\begin{array}{lr}\text { Accounts payable, December } 31,2017 & \$ 64,000 \\\text { Accounts payable, December } 31,2018 & 48,000 \\\text { Operating expenses-2018 } & 170,000\end{array} What amount would be reported in the Operating Activities section of the statement of cash flows for payments for operating expenses under the direct method?

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Refers to something made, constructed, or manufactured by humans, rather than occurring naturally.

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A research approach that involves all relevant stakeholders in the research process, aiming to both understand and act upon the situation being studied.

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