X,Co.purchased supplies costing $5,000 on 1/1/2020 and recorded the transaction by increasing assets. At the end of the year $2,000 of the supplies are still on hand. How will the adjusting entry impact X,co statement of financial position at 31/12/ 2020? Select one: a. Decrease Assets $3,000 b. Increase Equity $2,000 c. Decrease Assets $2,000 d. Increase Liabilities $3,000