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Compute service revenue and operating expenses

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Marin Company had cash receipts from customers in 2020 of $ 122,620. Cash payments for operating expenses were $ 103,760. Marin has determined that at January 1, accounts receivable was $ 13,830, and prepaid expenses were $ 20,790. At December 31, accounts receivable was $ 18,670, and prepaid expenses were $ 23,780.

Problem 1: Compute service revenue and operating expenses.

Reference no: EM132995875

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