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Colby Corporation has provided the following information: Operating revenues from customers were $ 1 9 9 , 7 0 0 . Operating expenses for the

Colby Corporation has provided the following information:
Operating revenues from customers were $199,700.
Operating expenses for the store were $111,000.
Interest expense was $9,200.
Gain from sale of plant and equipment was $3,300.
Dividend payments to Colby's stockholders were $7,700.
Income tax expense was $36,000.
Prepaid rent was $5,000.
What is the amount of Colby's total operating expenses?
Multiple Choice
$111,000.
$114,300.
$116,000.
$120,200.
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