Dana Co.'s officers' compensation expense account had a balance of $224,000 at December 31,204 before any appropriate yearend adjustment relating to the following: No salary accrual was made for December 30-31, 20X4. Salaries for the two-day period totaled \$3,500. 204 officers' bonuses of $62,500 were paid on January 31,205. In its 20X4 income statement, what amount should Dana report as officers' compensation expense? $290,000$224,000$286,500$227,500