Total operating expenses on pearl company's income statement for last year totaled $300,000. during the year, the accounts payable stayed the same, the accrued liabilities stayed the same, and prepaid expenses stayed the same. depreciation expense for the year was $29,000. based on this information, operating expenses adjusted to a cash basis under the direct method on the statement of cash flows would be:
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Total operating expenses on pearl company's income statement for last year totaled $300,000. during...
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