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

• $5,548 of June interest on a bank loan to be paid in July
• $1,709 of wages that were earned by employees in June but to be paid in July
• $4,812 of rent and insurance for June that was prepaid on June 1 but had expired
• $3,716 of depreciation on factory equipment
• a $2,619 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: $-2,725

B: $-3,625

C: $-4,821

D: $-6,412

E: $-8,528

F: $-11,342