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10. Handmade Soaps Company had operating expenses of $52,000. At the beginning of the year, Handmade Soaps owed $15,000 on accrued liabilities. At year-end, accrued

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10. Handmade Soaps Company had operating expenses of $52,000. At the beginning of the year, Handmade Soaps owed $15,000 on accrued liabilities. At year-end, accrued liabilities were $5,000. How much cash did Handmade Soaps pay for operating expenses? A. $42,000 B. $47,000 C. $57,000 D. S62,000

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