In 2011, Zealous Ltd paid $1900 for 2010 expenses, $32 000 for 2011 expenses and $4000 advance payment for 2012 expenses. In 2012, it paid $8000 for 2011 expenses. Furniture depreciation for 2011 was $5000. What was the accrual accounting expense for 2011? Select one: a. $37 000 b. $40 000 c. $50 900 d. $45 000