1. The Donnegan Company reported operating expenses of $325,000 for 2015. The following data was extracted from the company's financial records:
2.               
3.                                          12/31/14             12/31/15
4. Prepaid expenses           $60,000              $69,000
5. Accrued expenses           210,000               255,000
6. 
   
7. On a cash flow statement 2015 cash payments, using the direct method, what would be the cash payments for operating expenses?

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