10. During 2020, a company paid $300,000 to a law firm that will provide legal services to the company for the three years 2020-2023. The entire prepayment was recorded as Legal Expense when the cash was disbursed. By December 31, 2020, the fiscal year-end, the firm had used 25% of the services. No adjusting entries were made. What effect did this error have on assets, liabilities and stockholder's equity? (Include understate/overstate and amount for each component)