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Question: Pietr Corporation reports operating expenses of $90,000, excluding depreciation expense of $15,000, for 2017. During the year, prepaid expenses decreased $7,200 and accrued expenses payable increased $4,400. Compute the cash payments for operating expenses in 2017. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Category:- Accounting Basics
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