During the year, Plastics Company recorded cash of $$131,700$ from customers for accounts receivable collections.

Which of the following financial statement effects template entries captures this transaction?

Select one:

a$.$

Balance Sheet Income Statement

Cash Asset $+$ Noncash Assets $=$ Liabilities $+$ Contrib. Capital $+$ Earned Capital Revenues $$ Expenses $=$ Net Income

$-131,700=--131,700131,700-=131,700$

$($AR$)($RE$)$

b$.$

Balance Sheet Income Statement

Cash Asset $+$ Noncash Assets $=$ Liabilities $+$ Contrib. Capital $+$ Earned Capital Revenues $$ Expenses $=$ Net Income

$131,700(131,700)=-----=-$

$($AR$)$

c$.$

Balance Sheet Income Statement

Cash Asset $+$ Noncash Assets $=$ Liabilities $+$ Contrib. Capital $+$ Earned Capital Revenues $$ Expenses $=$ Net Income

$131,700-=--131,700131,700-=131,700$

$($RE$)$

d$.$

Balance Sheet Income Statement

Cash Asset $+$ Noncash Assets $=$ Liabilities $+$ Contrib. Capital $+$ Earned Capital Revenues $$ Expenses $=$ Net Income

$(131,700)131,700=-----=-$

$($AR$)$