The Cooper River Company makes three adjusting entries at 12/31: . Depreciation $100 - Accrued Revenue $ 75 - Accrued Expense $ 40 Indicate the net effect of these three entries on these items: Select one: a. Net Income Increase $35 Working Capital Increase $75 b. Net Income Working Capital Decrease $65 Decrease $25 C. Net Income Decrease $65 Working Capital Decrease $40 d. Net Income Working Capital Increase $35 Decrease $65 e. Net Income Working Capital Increase $35 Decrease $40