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Hilliard Company, a small consulting firm, charges all of its operating expenses on Accounts Payable. On January 1, 2016, Hilliard's Accounts Payable balance was $16,000

Hilliard Company, a small consulting firm, charges all of its operating expenses on Accounts Payable. On January 1, 2016, Hilliard's Accounts Payable balance was $16,000 and, during the year, an additional $116,000 of operating expenses was charged on account. The ending Accounts Payable balance was $41,900. What is the amount of cash paid for expenses during 2016?

$141,900

$132,000

$90,100

$74,100

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