A company reported annual wages expense of $200,000 and insurance expense of $50,000. During the year, wages payable increased from an $12,000 beginning balance to a $18,000 ending balance, and prepaid insurance increased from a $20,000 beginning balance to a $45,000 ending balance. How much cash was paid to employees as wages and paid for insurance during the year? Select one: 0 $300,000 for wages and 540,000 for insurance O b.5194,000 for wages and 575.000 for insurance O c $352,800 for wages and 56.000 for insurance O d. 5200,000 for wages and 590,000 for insurance