Given the following balance sheet and income statement data for the year ended December 31, what are the daily cash expenses for the year? 1 2 Cash Short-term investments Accounts receivable Total operating expenses Depreciation expense 3 $300,000 400,000 900,000 640,000 140,000 4 5 6 a. $1,370 b. $1,753 c. $2,137 d. $384 7 8