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The following information has been provided by Hable Company:
Advertising expense $9,600;
Interest expense $4,600;
Rent expense $17,000;
Loss on sale of property and equipment $7,400;
Cost of goods sold $23,000;
Depreciation expense $8,800;
Prepaid insurance expense $1,600.
Problem 1: How much were Hable's operating expenses?
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