13) Lake Co. receives nonrefundable advance payments with special orders for containers constructed to customer specifications. Related information for 2021 is as follows ($ in millions): Customer advances balance, Dec. 31, 2020 Advances received with 2021 orders Advances applicable to orders shipped in 2021 Advances from orders canceled in 2021 $ 117 186 185 36 What amount should Lake report as a current liability for advances from customers in its Dec. 31, 2021, balance sheet? A) $118 million. B) $0. C) $82 million. D) $303 million. 3