During 2014, Sensa Corporation Incurred operating expenses amounting to $120,000 of which $75,000 was paid in cash; the balance will be paid during 2015 Which of the following is correct for tie 2014 year-end balance sheet? Assets decrease $120,000. liabilities increase $45,000. and stockholders' equity decreases $120,000. Stockholders' equity decreases $75,000 and assets decrease $75,000. Assets decrease $120,000 and stockholders' equity decreases $120,000. Stockholders' equity decreases $120,000. assets decrease $75,000. and liabilities Increase $45.000