Illustrate what amount of cash disbursements for insurance

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Reference no: EM13127991

Walsh Co.'s prepaid insurance was $90,000 at December 31, 2008 and $45,000 at December 31, 2007. Insurance expense was $36,000 for 2008 and $27,000 for 2007. Illustrate what amount of cash disbursements for insurance would be reported in Walsh's 2008 net cash provided by operating activities presented on a direct basis?

Reference no: EM13127991

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