A business supplied the information below for two expenses. Electricity: 1 January 2024 $240 accrued; amount paid during year ended 31 December 2024 $1500; 31 December 2024 $360 accrued. Insurance: 1 January 2024 $180 prepaid; amount paid during year ended 31 December 2024 $1200; 31 December 2024 $220 prepaid. Which amounts are included in the income statement for the year ended 31 December 2024?
- Aelectricity $900; insurance $800
- Belectricity $1380; insurance $1240
- Celectricity $1620; insurance $1160
- Delectricity $2100; insurance $1600