Red Wings, Inc. maintains their accounting records on a cash basis. The following information is provided for 2017:

Accrual-basis 2017 Expense for Insurance and Wages is:

Select one:

a.

$30

b.

$25

c.

$20

d.

$50

e.

$34

100 60 Decrease in Wages Payable from 1/1 to 12/31 Cash Collected from Customers 12/31 Accounts Receivable 12/31 Accounts Payable Cash paid to vendors 1/1 Accounts Payable 1/1 Accounts Receivable 1/1 Prepaid Insurance Cash Paid for Wages and Insurance 12/31 Prepaid Insurance N CO Sno 30