K Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year: Utilities for the store $ 10,400 Sales commissions 10,200 Sales revenue 164,200 Purchases of merchandise 89,900 January 1 inventory 28,000 Rent for store 14,200 December 31 inventory 23,600 What are total operating expenses? OA. $34,800 OB. $24,600 OC. $20,600 OD. $24,400