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The 12/31/19 Idaho Corporation balance sheet is presented: Idaho Corporation BALANCE SHEET AS OF DECEMBER 31, 2019 Assets Cash $40,000 Accounts and notes receivable 30,000

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The 12/31/19 Idaho Corporation balance sheet is presented: Idaho Corporation BALANCE SHEET AS OF DECEMBER 31, 2019 Assets Cash $40,000 Accounts and notes receivable 30,000 Inventory 90.000 $160.000 Liabilities and Capital Accounts and notes payable $20,000 Common Stock 100,000 Retained Earnings 40.000 $160,000 These errors were made on December 31, 2018 and were not corrected: ending inventory understated $2,400; accrued revenue of $2,100 omitted, and prepaid expense of $2,000 omitted. On December 31, 2019, the inventory was overstated $5,000, unearned revenue of $1,800 was omitted, and accrued expense of $600 was omitted. The net income shown by the books for 2019 was $13,200. The corrected Total Assets at 12/31/19 are: Select one: a. $155,000 b. $152,600 C c. $155,600

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