5. During its first three months of operations, Cari's Bakery, Inc. purchased supplies such as plates, napkins, bags, and cutlery for $9,000 and recorded this as supplies inventory. Supplies on hand at the end of the first quarter, amount to $5,600. To prepare financial statement for the first quarter, the company must record which of the following accounting adjustments? A) Increase Supplies expense by $5,600 and decrease Supplies inventory by $5,600 B) Increase Supplies expense by $3,400 and decrease Supplies inventory by $3,400 C) Increase Supplies inventory by $5,600 and decrease Supplies expense by $5,600 D) Increase Supplies inventory by $3,400 and decrease Supplies expense by $3,400 E) None of the above