aBouche Company had cash receipts from customers in 2017 of $142,000. Cash payments for operating expenses were $97,000. Kelly has determined that at January 1, accounts receivable was $13,000, and prepaid expenses were $17,600. At December 31, accounts receivable was $18,600, and prepaid expenses were $23,100. The operating expenses on the accrual basis are:

Select one: a. $91,500 b. $114,600 c. $91,400 d. $102,600