U U TTUNTUR MIL RETIREL QUESTIONS. Question 1 of 3) Ruth Company has the following account balances after adjusting entries at December 31, 2019: ACCOUNT CREDIT DEBIT 210,000 90,000 AMOUNT $210,000 90,000 15,000 70,000 220,000 120,000 15,000 70,000 220,000 120,000 40,000 Cash Accounts Receivable Alowance for Doubtful Accounts Prepaid Rent Land Equipment Accumulated Depreciation Equipment Accounts Payable Uneamed Revenue Bonds Payable (due 2050) Common Stock ($1 par) Paid n Captal in Excess of Par Value, Common Preferred Stock ($10 par) Paid-in Captal in Excess of Par Value, Preferred Treasury Stock, Common (22,000 shares) Dividends Retained Earnings Sales Cost of Goods Sold Interest Expense Operating Expenses TOTALS 40,000 22,000 18,000 120,000 355,000 113,000 80,000 8,000 22,000 18,000 120,000 355,000 113,000 80,000 8,000 98,000 5,000 57,000 820,000 720,000 20,000 95,000 3,296,000 Accokant Type Short-Term Asset Short-Term Asset S-T Contra Asset Short-Term Asset Long-Term Asset Long-Term Asset L-T Contra Asset Short Term Liability Short-Term Liability Long-Term Liability Owner's Equity Owner's Equty Owner's Equty Owner's Equty Owner's Equty Owner's Equty Owner's Equty Revenue Expense Expense Expense ,000 57,000 820.000 20,000 20,000 95,000 1,648,000 1.648,000 A $5,000 B.$(15,000) c. None of the above D. $100,000 E $20,000) The total assets on the December 31, 2019 balance sheet would be: OAS 670,000 B. $ 655,000 c. $710.000 D. None of the above OES 664,000 The total owners' equity on the December 31, 2019 balance sheet would be: O A 5 593,000 B. $ 601,000 C. None of the above OD. $500,000 O ES 495,000