The following information is available for Buckeye Company: January 1, 2020 December 31, 2020 ASSETS Cash $25,000 $30,000 Supplies 6,000 10,000 Land 40,000 40,000 Equipment 20,000 25,000 LIABILITIES + EQUITY Accounts payable $12,000 $14,000 Notes payable 22,000 20,000 Common stock 40,000 40,000 Retained earnings 17,000 ? Buckeye Company reported revenues of $85,000 during 2020 and paid dividends of $10,000 during 2020. Calculate the total expenses incurred by Buckeye Company during 2020.