LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating...
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LaBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, accounts receivable was $13,000, and prepaid expenses were $17,500. At December 31, accounts receivable was $18,600, and prepaid expenses were $23,100. The operating expenses on the accrual basis are: Select one: O a. $91,400 b. $91,500 O c. $114,500 O d. $102,600
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