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How much cash did paxson pay toward prepaid expenses

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Reference no: EM132469883

Question 1: Paxson's December 31, 2013 prepaid expense balance was $9,000. During 2014, $7,000 of the prepaid expense asset expired. How much cash did Paxson pay toward prepaid expenses in 2014?

Point 1: $4,000

Point 2: $8,000

Point 3: $10,000

Point 4: Cannot be estimated

Reference no: EM132469883

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