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
Correct Answer:
Verified
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