In which of the following situations would a person be considered insolvent? Select one: O a. Assets $56,000; annual expenses $40,000 O b. Assets $78,000; net worth $22,000 O c. O d. e. Liabilities $45,000; net worth $6,000 Assets $40,000; liabilities $45,000 Annual cash inflows $45,000; liabilities $50,000