Question: Neutral Paints Company uses the direct method for preparing its statement of cash flow. Neutral reports the following information regarding 2017: From the income statement:

Neutral Paints Company uses the direct method for preparing its statement of cash flow. Neutral reports the following information regarding 2017:

From the income statement:

Sales Revenues, $270,000

Cost of Goods Sold, $211,000

Operating Expenses, $33,000

From the balance sheet:

Beginning Balance

Ending Balance

Accounts Receivable

$14,900

$18,500

Merchandise Inventory

24,100

18,500

Accounts Payable

6,100

13,500

Accrued Liabilities

4,300

1,700

What amount will be shown for payments to suppliers for operating expenses? (Accounts Payable are for purchases of merchandise inventory only, and Accrued Liabilities relate to operating expenses.)

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