Question: The Cribbets Company uses the direct method in determining net cash provided by operating activities. During the year operating expenses were $260,000, prepaid expenses increased

The Cribbets Company uses the direct method in determining net cash provided by operating activities. During the year operating expenses were $260,000, prepaid expenses increased $20,000, and accrued expenses payable increased $30,000. Cash payments for operating expenses were:

a. $210,000.

b. $310,000.

c. $270,000.

d. $250,000.

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