Flounder Corporation reports operating expenses of $90,100 excluding depreciation expense of $15,400, for 2022. During the year, prepaid expenses decreased $6,200 and accrued expenses payable increased $4,500. Compute the cash payments for operating expenses in 2022. Cash payments for operating expenses

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
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Flounder Corporation reports operating expenses of $90,100 excluding depreciation expense of $15,400, for 2022. During the year, prepaid expenses decreased $6,200 and accrued expenses payable increased $4,500.

Compute the cash payments for operating expenses in 2022.

Cash payments for operating expenses
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