QUESTION 20 Use this narrative to answer the questions that follow. J Rinaldi Software Design, an accrual basis business, engaged in the following transactions: 1) 2) 3) 5) in December of 2021, the company performed services for a client and sent a bill for $1,800. in December of 2021, the company used cell phone service and received a bil for $1.500 from the cell phone provider In January of 2022, the company collected its $1,800 fee from the client who was billed in December In January of 2022, the company paid the $1.500 amount owed to the cell phone provider for the December cell phone usage. How does transaction number 4 affect J. Rinaldi Software Design's accounts? a. Telephone Expense increases & Accounts Payable increases b. Accounts Payable declines & Cash declines c. Accounts Receivable increases & Fees Eamed increases d. Cash increases & Fees Earned increases e. Cash increases & Accounts Receivable declines QUESTION 21 Numeric Response Question - Based on the Following information: Accounts Receivable $33,000 Accounts Payable $12,000 Cash $30,000 Land $120.000 Notes Payable due in 5 years $45,000 Supplies Inventory $30,000 Wages Payable due in 3 days $2,000 What is the amount of Current Assets