Wilco Legal Eagles Company entered into the following transactions during March 2022.

1. Purchased office equipment for $23,000 from Business Equipment, Inc. on account 2. Paid $3,000 cash for March rent 3. Received $15,000 cash from customers for legal work billed in February 4. Provided legal services to Amy Construction Company for $3,500 cash 5. Paid Northern States Power Co. $2,700 cash for electric usage in March 6. Stockholders invested an additional $32,000 in the business 7. Paid Business Equipment, Inc. for the office equipment purchased in (1) above 8. Incurred advertising expense for March of $1,900 on account Instructions Indicate with the appropriate letter whether each of the transactions above results in:

(a) an increase in assets and a decrease in assets

(b) an increase in assets and an increase in stockholders' equity

(c) an increase in assets and an increase in liabilities

(d) a decrease in assets and a decrease in stockholders' equity

(e) a decrease in assets and a decrease in liabilities

(f) an increase in liabilities and a decrease in stockholders' equity

(g) an increase in stockholders' equity and a decrease in liabilities