Question 8 Coley Company's Income Statement and Balance Sheet for 2020 reported the following: Utilities Expense: $35,000 Utilities Payable: $ 4,000 From this information one can conclude: 3.8 pts Oa. Coley Company has not yet paid $4,000 of the $35,000 of utilities consumed during 2020. Ob. Coley Company consumed $39,000 of utilities in 2020. O c. Coley Company has only paid $4,000 of the $35,000 of utilities consumed during 2020. Od. Coley Company paid the utility company $4,000 too much, which will be deducted from their next bill.