X Company, a merchandiser, prepares monthly financial statements. On June 30, its accountant made adjusting entries to record:

• $5,550 of June interest on a bank loan to be paid in July
• $1,650 of wages that were earned by employees in June but to be paid in July
• $4,683 of rent and insurance for June that was prepaid on June 1 but had expired
• $3,572 of depreciation on factory equipment
• a $2,908 June utility bill received in June, to be paid in July

What would be the effect of these entries on total assets in June?

A: $-3,509

B: $-4,667

C: $-6,207

D: $-8,255

E: $-10,979

F: $-14,602