Question 33 --/1 View Policies Current Attempt in Progress At December 31, 20X0, Ashe Co. had a $990,000 balance in its advertising expense account before any year-end adjustments relating to the following: Radio advertising spots broadcast during December 20XO were billed to Ashe on January 4, 20X1. The invoice cost of $50,000 was paid on January 15, 20X1. . Included in the $990,000 is $60,000 for newspaper advertising for a January 20X1 sales promotional campaign. Ashe's advertising expense for the year ended December 31, 20X0, should be: $1,000,000. $980,000. $1,040,000. $930,000. OO