Executives at ABC, Inc. Committed an $11 billion fraud by capitalizing costs that should have been expensed. The fraud had several effects on the ABC, Inc. Balance sheet. Which of the following DOES NOT describe one of the misstatements that resulted on ABC, Incs balance sheet?

A. ABC, Incs total assets were too high

B. ABC, Incs retained earnings were too high

C. The ABC Inc balance sheet was in balance

D. ABC Inc total liabilities were too low