In May, Company X received an order from Company Z to deliver goods in September 2022 for $200,000.

The goods cost Company X $105,000. Company Z paid a $40,000 deposit.

On 30 June 2022, what is the impact on Company X

A) Revenues

b) Expenses

c) Total Assets

D) Total Liabilities

Include $ amount and whether it is an increase (+) or decrease (-). Say Nil if no impact.