Red Wings, Inc. maintains their accounting records on a cash basis. The following information is provided for 2017: 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 Accrual-basis 2017 Expense for Insurance and Wages is: Select one: O a. $30 O b. $25 oc. $20 od. $40 O e. $34