4 . The accrual income statement of Carnation, Inc. included the following expenses for 2014: Depreciation Expense - P65,000; Salaries and Wages - P189,000; Interest Expense - P36,000. The comparative balance sheets reported the following related accounts: 12/31/14 12/31/13 Accumulated Depreciation P96,000 P154,000 Accrued Salaries and Wages 8,000 12,000 Accrued Interest Payable 10,500 7,000 Considering only the data above, a pure cash basis income statement would report expenses for 2014 of a. P224,500 C. P231,500 b. P225,500 P243,500