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16. If total assets decreased by $48,783 during a period of time and stockholders' equity increased by $27,639 during the same period, then find the

16.

If total assets decreased by $48,783 during a period of time and stockholders' equity increased by $27,639 during the same period, then find the amount and direction (increase or decrease) of the period's change in total liabilities.

$22,700 increase

$76,422 increase

$76,422 decrease

$48,783 decrease

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