Multiple Choice
The following information relates to Layline Company: 
Using the direct method of reporting cash flows from operating activities, what was the amount of cash paid for insurance premiums by Layline during 2022?
A) $1,578,000.
B) $1,622,000.
C) $1,880,000.
D) -$1,622,000.
Correct Answer:
Verified
Correct Answer:
Verified
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