Insurance expense 18,200 Administrative Salaries expense 16,300 Sales revenue 160,000 Income taxes 30,000 6,000 10,200 Sales returns and allowances Sales salaries expense Advertising expense Cost of goods sold 15,600 29,000 If this information was used to prepare an income statement, Total Administrative Expenses should be: Select one: a. 25,800 O b. 23,500 O c. 16,300 O d. 14,100 O e. 34,500 Accounts Accounts Cash 60,000 Accumulated depreciation -equipment 5,000 30,000 Share capital-ordinary 10,000 Prepaid rent 14,400 Accounts payable 37,320 Salaries and Wages payable 3,600 Notes payable (Due in 4 months) Long term investment 900 If this information was used to prepare a statement of financial position, Total current liabilities should be: Select one: a. 78,000 b. 96.000 O c. 14,400 d. 3,600 e. 18,900