On December $31,2019,$ Krug Company prepared adjusting entries that included the following items:

Depreciation expense: $$35,000.$

Accrued sales revenue: $$33,000.$

Accrued expenses: $$16,000.$

Used insurance: $$7,000$; the insurance was initially recorded as prepaid.

Rent revenue earned: $$5,000$; the rent was initially prepaid by the tenant and credited to unearned rent revent

If Krug Company reported total assets of $$330,000$ prior to the adjusting entries, how much are Krug's total assets after the adjusting

entries?

Multiple Choice

$$288,000.$

$$326,000.$

$$321,000.$

$$318,000.$