Andalusia Corporation operates a retail store in Juggernaut, Ontario and must determine the correct accrual to be made on December 31, 2020 for the following two items:

1. The store lease calls for fixed rent of $1,000 per month, payable at the beginning of each month, and additional rent equal to 6% of net sales over $200,000 per calendar year, payable on January 31 of the following year. Total net sales for 2020 are $800,000.

2. The corporation owns property that is subject to a city property tax. The city of Juggernaut has a fiscal year which runs from July 1 to June 30. The property tax is assessed at 3% of property on hand as at April 30 and is payable on June 30. Andes Corporation estimates that its property tax will amount to $6,000 for the city's fiscal year ending June 30, 2021.

Based upon the above information, on its December 31, 2020 Statement of Financial Position, Andalusia Corporation should report accrued expenses of:

a.	$36,000
b.	$39,000
c.	$42,000
d.	$48,000