On December 31, 2018, Lance Company prepared an income statement and balance sheet. Total: Revenues, Expenses, Net Income, Assets, Liabilities, and Stockholders' Equity had the following balances, respectively: Revenues Expenses Net Total Total Income Assets Liabilities $40,000 $100,000 $30,000 Stockholders' Equity $70,000 120,000 80,000 During audit, the auditor detected the following error: Error: Company paid $8,000 on a loan to bank and recorded all of it as interest expense. However, $6,000 of the $8,000 was for the payment of the principal of the loan. What would be the total amount of: Revenues, Expenses, Net Income, Assets, Liabilities, and Stockholders' Equity, after correcting the above error. Balance: Revenues Expenses Net Total Total Income Assets Liabilities $40,000 $100,000 $30,000 Stockholders Equity $70,000 120,000 80,000 Before trans. After trans