Assume a company's January 1, 20X1, financial position was: Assets, $40,000 and Liabilities, $15,000. During January 20X1, the company completed the following transactions: (a) paid on a note payable, $4,000 (no interest); (b) collected trade receivables, $4,000; (c) paid trade payables, $2,000; and (d) purchased a truck, $1,000 cash, and signed a note payable, $8,000. What is the company's January 31, 20X1 financial position? Assets Liabilities Shareholders' Equity A) $42,000 $9,000 $33,000 B) $44,000 $17,000 $27,000 C) $43,000 $18,000 $25,000 D) $42,000 $17,000 $25,000