(1) - Question 32 Not yet answered Marked out of 1.00 Flag question If total liabilities increased by $9,000 during a period of time and owner's equity decreased by $25,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n) Select one: a. $34,000 decrease. b. $16,000 increase. c. $34,000 increase. d. $16,000 decrease