ink Dynamics, Inc. shows the following information in its records:

As of December 31	2018	2019	For the year ended	2019
Accounts receivable	$8,000	$6,500	Cash receipts from customers	$260,000
Deferred revenue	1,500	6,000	Cash paid for operating expenses	110,000
Prepaid operating expenses	9,800	4,000
Accrued liabilities	7,800	5,200

What is the accrual-based expense that Sink Dynamics recognized in the year ended December 31, 2019?

Select one:

a. Some other number.

b. $106,800

c. $101,600

d. $118,400

e. $113,200