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Use the following information to answer the questions below. During the 2020 calendar year, Purple Corp. paid or collected the following items Insurance premiums paid

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Use the following information to answer the questions below. During the 2020 calendar year, Purple Corp. paid or collected the following items Insurance premiums paid 14,200 Interest collected 21.700 Salaries paid 131,300 As well, the comparative statement of financial position showed the following balances: Prepaid Insurance Interest Receivable Salaries Payable December 31. 2012 $ 1,400 2,800 14,700 December 31, 2020 $ 1,500 2,100 12,900 ho The salary expense on the 2020 statement of comprehensive income was 14,700 12,900 The salary expense on the 2020 statement of comprehensive income was OA) $ 129,500. B) $ 133,100. C) $ 131,300. D) $ 118,400. long

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