Question: On December 3 1 , 2 0 2 3 , Vivid Corporation prepared adjusting entries that included the following items: Depreciation expense: $ 3 6

On December 31,2023, Vivid Corporation prepared adjusting entries that included the following items:
Depreciation expense: $36,000.
Accrued sales revenue: $34,000.
Accrued expenses: $18,000.
Used insurance: $8,000; the insurance was initially recorded as prepaid.
Rent revenue earned: $6,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue.
If Vivid Corporation reported total assets of $340,000 prior to the adjusting entries, how much are Vivid's total assets after the adjusting entries?
Multiple Choice
$326,000
$336,000
 On December 31,2023, Vivid Corporation prepared adjusting entries that included the

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