The following account balances are extracted from the books of Louise for the year ended 31 May 2022:
$
Advertising expense 23,000
Debentures 80,000
Salesmen’s salaries and commission 350,000
Office rent 36,000
Shop utilities 17,200
Discount allowed 4,300
3-year loan from OCBC bank 180,000
What is the amount of selling and distribution expense for the year ended 31 May 2022?
a. $394,500
b. $440,420
c. $327,700
d. $389,600