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