X Company plans to prepare annual financial Question 5 After the company's first year of operation, the following financial statement information is available: Balance Sheet Total assets Total liabilities Total Paid-In Capital Income Statement Total revenue $15,817 8,671 4,510 $23,162 What were total expenses for the year? A: $14,995 B: $17,544 C: $20,5260 OD: $24,015 E: $28,098 F: $32,875