What is total operating expenses? Sales Returns and Allowances $40,000 Depreciation Expense $30,000 Expense $10,000 Cost of Goods Sold $200,000 Loss on Sale of Equipment $20,000 $500,000 Income Tax Expense $35,000 Insurance Expense $60,000 Expense $50,000 O a. $150,000 O b. $140,000 Oc. $110,000 O d. $175,000 O e. $180,000