Hiller Company had total operating expenses of $155,000 in 2010, which included Depreciation Expense of $25,000. Also during 2010, prepaid expenses decreased by $9,000 and accrued expenses increased by $7,500.
Instructions
Calculate the amount of cash payments for operating expenses in 2010 using the direct method.

Question

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The Answer of Hiller Company had total operating expenses of $155,000 in 2010, which included Depreciation Expense of $25,000. Also during 2010, prepaid expenses decreased by $9,000 and accrued expenses increased by $7,500.
Instructions
Calculate the amount of cash payments for operating expenses in 2010 using the direct method.

Hiller Company Had Total Operating Expenses of $155,000 in 2010