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Martel Company had supplies of $29,000 and $43,000 at the end of 2023 and 2024, respectively. During 2024, Howard paid $138,000 for supplies. Supplies expense

Martel Company had supplies of $29,000 and $43,000 at the end of 2023 and 2024, respectively. During 2024, Howard paid $138,000 for supplies. Supplies expense in the 2024 income statement was:

Multiple Choice

$124,000.

$138,000.

$152,000.

$110,000.

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