G X.Co.purchased supplies costing $5,000 on 1/1/2020 and recorded the transaction by increasing assets. At the end of the year $2,000 of the supplies are used.if X co make the adjusting entry for supplies what is the impact on X.co income statement at 31/12/2020 Select one: O a. Expenses increased by $2,000 O b. no effects in income statement c. expenses increased by $3,000 d. Assets decreased by $3,000 31C