CAT Corp. has other operating expenses of $ 60,000. There has been a decrease in prepaid expenses of $ 4,000 during the year, and accrued liabilities are $ 6,000 larger than in the prior period. What were CAT's cash payments for operating expenses?
A) $ 62,000
B) $ 58,000
C) $ 50,000
D) $ 70,000
Correct Answer:
Verified
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