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Neo, Bachelor's Degree
Category: Single Problem
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Experience:  BS Accounting
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21) Marsh Company has other operating expenses of $240,000.

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21) Marsh Company has other operating expenses of $240,000. There has been an increase in prepaid expenses of $16,000 during the year, and accrued liabilities are $24,000 lower than in the prior period. Using the direct method of reporting cash flows from operating activities, what were Marsh's cash payments for operating expenses?
A. $228,000
B. $232,000
C. $200,000
D. $280,000
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D. $280,000

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