Selected information for 2014 for the Truly Green Company follows:
|
Total operating expenses (accrual basis) (includes depreciation and amortization) |
$200,000 |
|
Beginning prepaid expenses |
10,000 |
|
Ending prepaid expenses |
12,000 |
|
Beginning accrued liabilities |
16,000 |
|
Ending accrued liabilities |
19,000 |
|
Depreciation of plant assets |
28,000 |
|
Amortization of intangible assets |
7.500 |
|
Payment of cash dividends |
5,000 |
The amount of cash payments made during 2014 for operating expenses is:
- $234,500.
- $165,500.
- $163,500.
- $160,500.
- None of these.