sue stocks for cash QUESTION 32 Evaristus Backpack Corp (EB) maker of premium backpacking gear, paid $40,000 in cash as a deposit to a supplier for a piece of equipment that will be delivered at the beginning of next year. This deposit was incorrectly recorded by EB in the current year as an increase in long-term assets. If this mistake was corrected, which of the following effects is correct (assuming no tax and the fiscal year end is December 31) O Cash incases by 42.000 O Current assets increase by 40,000 O Long term assets increase by 40,000 0 Current liability increases by 40,000 QUESTION 33 2.5 points Sa 2.5 points Save Antwer