Clark Co.'s advertising expense account had a balance of $146,000 at December 31, 20X3, before any necessary year-end adjustment relating to the following: Included in the $146,000 is the $15,000 cost of printing catalogs for a sales promotional campaign in January 20X4. Radio advertisements broadcast during December 20X3 were billed to Clark on January 2, 20X4. Clark paid the $9,000 invoice on January 11, 20X4. What amount should Clark report as advertising expense in its Income Statement for the year ended December 31, 20X3? $122,000 $131,000 $140,000 $155,000