Chopper Corporation reported the following information at the end of its first year of operations:

Common stock:	$80,000
Sales revenue:	$420,000
Total assets:	$340,000
Total liabilities:	$140,000
Dividends:	$60,000

What must have been the expenses for the year?

Select one:

A. $300,000

B. $240,000

C. $260,000

D. $ 34,000