Which statement best describes when an entity may no longer be a going concern? a.) An entity cannot pay its debts, has liquidated assets, and has filed for bankruptcy. b.) An entity is only open during the peak tourist seasons in summer and fall and closes for the rest of the year. c.) An entity advertises "inventory liquidationeverything must gogoing out of business sale" in December each year as part of a marketing strategy. d.) An entity is not open because of construction and repairs that are expected to last 9 months