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Advertising expense $8,600; Interest expense $3,600; Rent expense $16,000; Loss on sale of property and equipment $6,400; Cost of goods sold $22,000; Depreciation expense $7,800; Prepaid insurance expense $1,700. How much were Hable's operating expenses?

Advertising expense $8,600; Interest expense $3,600; Rent expense $16,000; Loss on sale of property and equipment $6,400; Cost of goods sold $22,000; Depreciation expense $7,800; Prepaid insurance expense $1,700. How much were Hable's operating expenses?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Advertising expense $8,600;
Interest expense $3,600;
Rent expense $16,000;
Loss on sale of property and equipment $6,400;
Cost of goods sold $22,000;
Depreciation expense $7,800;
Prepaid insurance expense $1,700.

How much were Hable's operating expenses?

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this was not one of the options to select

### Multiple Choice Question Please select the correct answer from the options below: - **$58,000** ![Option1](https://www.example.com/path/to/58k_icon.png) - **$54,400** ![Option2](https://www.example.com/path/to/54k_icon.png) - **$64,400** ![Option3](https://www.example.com/path/to/64k_icon.png) - **$46,600** ![Option4](https://www.example.com/path/to/46k_icon.png) In the image, there are four multiple choice options presented, each associated with a specified amount of money. Each option includes a selectable radio button for the user to choose their answer. The radio buttons are unselected in the current state of the image. ### Explanation For educational purposes, each amount represents a potential answer to an unspecified question. Students or users are required to read the question (not displayed here) and select the correct answer by clicking on the corresponding radio button. Note: The icons next to the options are placeholders and may contain any relevant images or icons specified by the educational platform.
Transcribed Image Text:### Multiple Choice Question Please select the correct answer from the options below: - **$58,000** ![Option1](https://www.example.com/path/to/58k_icon.png) - **$54,400** ![Option2](https://www.example.com/path/to/54k_icon.png) - **$64,400** ![Option3](https://www.example.com/path/to/64k_icon.png) - **$46,600** ![Option4](https://www.example.com/path/to/46k_icon.png) In the image, there are four multiple choice options presented, each associated with a specified amount of money. Each option includes a selectable radio button for the user to choose their answer. The radio buttons are unselected in the current state of the image. ### Explanation For educational purposes, each amount represents a potential answer to an unspecified question. Students or users are required to read the question (not displayed here) and select the correct answer by clicking on the corresponding radio button. Note: The icons next to the options are placeholders and may contain any relevant images or icons specified by the educational platform.
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