Question 31 1.5 pts The accrual income statement of ZION Company included the following expenses for 2016: Depreciation expense, P65,000 Salaries and wages, P189,000 Interest expense, P36,000, of which P5,000 pertains to the amortization of bond premium. The comparative statements of financial position reported the following related accounts: December 31, 2016 Accumulated depreciation 96,000 Accrued salaries and wages 8,000 Accrued interest payable 10,500 December 31, 2015 154,000 P P 12,000 7,000 Considering only the given information, how much is the total expenses for 2016 under the cash basis of accounting