On December 31, Year 15, Cutoff Corporation reported total assets of $142,000 prior to the following adjusting entries:Accrued expenses totaled $14,000Expired insurance which was prepaid totaled $5,000Rent revenue earned was $12,000; the rent was prepaid by the tenant and credited to unearned rent revenueDepreciation expense was $22,000Accrued service revenues totaled $12,000How much are Cutoff’s total assets after adjusting entries?