Hub Co. had the following transactions for the month Provided services for S500 on account Received S300 from credit clients Paid $400 for current month's utlities. A balance of $100 still remains unpaid. Provided services for $300 cash. Recorded depreciation for $250 for equipment purchased at a cost of $1,000 cash Recorded $125 of expired insurance for the month from an insurance policy purchased with $6,000 cash in the previous year . . . . Under the accrual basis of accounting, what is the amount of total expenses at month-end? o a. $7,000 b. $875 c 5250 d $125