41 Purchasing Equipment for $225,000 by paying $50,000 cash and signing a Note payable for $175,000 will: (8 00:3924) Multiple Choice Increase total assets by $225,000 and Liabilities by $175,000 Increase total assets by $175,000 and Liabilities by $175,000 Increase total assets by $275,000; Liabilities by $175,000 and Stockholders' Equity by $100,000 Increase total assets by $275,000; and Liabilities by $275,000