Davis Company uses the direct method to prepare its statement of cash flows. Refer to the following information reported for the year 2014: Operating expenses, $26,000 Accrued Liabilities, beginning balance, $3,000 Accrued Liabilities, ending balance, $5,000 What amount was paid to suppliers for operating expenses on a cash basis? A) $31,000 B) $24,000 C) $28,000 D) $29,000