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ArtCo has 10,100 items of building supplies on hand that cost $303,000; a bill from the vendor for $110,000 of these supplies has not yet

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ArtCo has 10,100 items of building supplies on hand that cost $303,000; a bill from the vendor for $110,000 of these supplies has not yet been paid. The company expects to earn $801,000 for its services when it uses the building supplies. The company's balance sheet would include an asset, Supplies, in the amount of Multiple Choice $303,000. $10.100. O $801,000. O O $193,000

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