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Talley Industries had cash basis expenses of $325,000 during 2020. in preparing accrual basis income statements, the firm determined that Prepaid Insurance was $2,500 at

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Talley Industries had cash basis expenses of $325,000 during 2020. in preparing accrual basis income statements, the firm determined that Prepaid Insurance was $2,500 at the beginning of the year and $1,000 at the end of the year. Salarlos payablo was $4,000 at the beginning of the year and $2,000 at the end of the year. When the accrual basis income statement is prepared, what is the amount of accrual basis operating expenses? DA $325,500 D5321,500 $325.500 $324,500

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