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2. On January 1, 2010, total assets for Liftoff Technologies were $125,000; on December 31, 2010, total assets were $145,000. On January 1, 2010, total
2. On January 1, 2010, total assets for Liftoff Technologies were $125,000; on December 31, 2010, total assets were $145,000. On January 1, 2010, total liabilities were $110,000; on December 31, 2010, total liabilities were $115,000. What is the change in Liftoff Technologies' stockholders' equity for 2010? A Decrease of $15,000 B. Increase of $15,000 C. Increase of $30,000 D. Decrease of $30,000
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