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ABC Company had the following transactions during the month. What would be the total amount of expenses for the month if ABC Company uses

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ABC Company had the following transactions during the month. What would be the total amount of expenses for the month if ABC Company uses the cash basis method? a. Paid $2,400 for insurance for the next 12 months. b. Received $7,200 for services to be performed equally over the next 12 months. c. Paid $1,400 for the current month's rent d. Paid $250 cash for office supplies. e. Paid $700 in Salaries Expense. f. Received $1,100 in cash for service revenue earned this month. OA. $2,900 OB. $4,750 OC. $2,550 OD. $4,500

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