Hickory Furniture Company had the following costs paid during the month of May: Inventory purchases 340.000 Advertising costs 8.000 Delivery costs 2.000 Hickory sold $32,000 of the inventory and has agreed to pay warranty expenses for its customers. These are expected to be $1,600 and occur evenly over the next four months (i.e., starting in June). 78. What is the amount of Hickory's cash-basis expense for the month of May? A. $33.600 B. $42.400 C. $50.000 D. $51,600