Balance Sheet
Assets			Liabilities
Current Assets			Current Liabilities
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . .	50		Accounts payable. . . . . . . . . . . . . . . . . . . . .	43
Accounts receivable. . . . . . . . . . . . . . . . . .	24		Notes payable/short term debt. . . . . . . . . . .	5
Inventories. . . . . . . . . . . . . . . . . . . . . . . . . . . .	16		Total current liabilities. . . . . . . . . . . . . . . . . .	48
Total current assets. . . . . . . . . . . . . . . . . . . . .	90
Long-Term Assets			Long-Term Liabilities
Net property, plant, and equipment. . . . . . . . .	120		Long-term debt. . . . . . . . . . . . . . . . . . . . . . . .	128
Total long-term assets. . . . . . . . . . . . . . . . . . .	120		Total long-term liabilities. . . . . . . . . . . . . . . .	128
			Total liabilities. . . . . . . . . . . . . . . . . . . .	176
			Stockholders' Equity. . . . . . . . . . . . . . . . . .	34
Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . .	210		Total liabilities and stockholders' Equity	210

The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. How would the balance sheet change if the?company's long-term assets were judged to depreciate at an extra

?$55

million per? year?

A.

?Long-Term Liabilities would rise to

?$130

?million, and Total Liabilities and? Stockholders' Equity would be adjusted accordingly.

B.

Net? property, plant, and equipment would fall to

?$115

?million, and Total Assets and? Stockholders' Equity would be adjusted accordingly.

C.

?Long-Term Liabilities would fall to

?$110

?million, and Total Liabilities and? Stockholders' Equity would be adjusted accordingly.

D.

Net? property, plant, and equipment would rise to

?$125

?million, and Total Assets and? Stockholders' Equity would be adjusted accordingly.