Amicho Deli had $94,000 of total assets and $10,000 of total stockholders’ equity at July 31, 2018. At July 31, 2019, Amicho Deli had assets totaling $151,000 and stockholders’ equity totaling $112,000.

After analyzing the data, answer the following questions:

1. What was the amount of the increase or decrease in liabilities in 2019?

2. Identify a possible reason for the change in liabilities during the year.