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On December 3 1 , 2 0 2 3 , Vivid Corporation prepared adjusting entries that included the following items: Depreciation expense: $ 4 8

On December 31,2023, Vivid Corporation prepared adjusting entries that included the following items:
Depreciation expense: $48,000.
Accrued sales revenue: $32,000.
Accrued expenses: $20,000.
Used insurance: $8,000; the insurance was initially recorded as prepaid.
Rent revenue earned: $6,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue.
If Vivid Corporation reported total assets of $460,000 prior to the adjusting entries, how much are Vivid's total assets after the adjusting entrie
Multiple Choice
$442,000
$436,000
$446,000
$404,000s

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