Lorango Corp. maintains its accounting records on the cash basis but restates its financial statements to the accrual method of accounting. Lorango had $110,000 in cash-basis pretax income for 2023. The following information pertains to Lorango's balance sheets for December 31, 2022 and 2023: 2022 2023 Accounts payable Inventory $15,000 $35,000 51,000 40,000 Under the accrual method, what amount of income before taxes should Lorango report in its December 31, 2023 income statement? Select one: a. $79,000 b. $119,000 c. $129,000 d. $141,000 e: $101,000