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36. On January 15, Acme Hardwar received a $5,000 shipment of snow shovels from a supplier who allows 30 days to pay. On January 30

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36. On January 15, Acme Hardwar received a $5,000 shipment of snow shovels from a supplier who allows 30 days to pay. On January 30 Acme Hardware sold all the snow shovels for a total of $1,0000 when a blizzard was forecasted for the next day. Assuming Acme Hardware pays their bills when they are due, which of the following is likely true about Acme Hardware's February 28 in comparison to their January 31 balance sheet? A. Snow shovel inventory is $0, cash has increased $100,000 from the sale of the snow shovels and counts payment to the snow shovel supplier is $5,000. B. Cash has decreased $10,000 and accounts payable to the snow shovel supplier has decreased $5,000. C. Cash has decreased $5,000 and accounts payable to the snow shovel supplier has also decreased $5,000. D. Accounts receivable has decreased by $5,000

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