Cridberg Corporation's selling and administrative expenses for last year totaled $288,000. During the year the company's prepaid expense account balance increased by $32,000 and accrued liabilities decreased by $26,000. Depreciation for the year was $53,000. Based on this information, selling and administrative expenses adjusted to a cash basis under the direct method on the statement of cash flows would be: Multiple Choice $283,000 $399,000 $177,000 $293,000