Cheyenne Corp. purchased a one-year insurance policy in February 2021 for $36960. The insurance policy is in effect from March 2021 through February 2022. If the company neglects to make the proper year-end adjustment for the expired insurance: O net income and assets will be overstated by $30800. O net income and assets will be overstated by $6160. O net income and assets will be understated by $30800. Onet income and assets will be understated by $6160