6. Company A has the following information from its financial statements: Total Assets Total Liabilities Total Owner's Equity Year 20X2 Year 20X1 100,000 40,000 30,000 20,000 70,000 20,000 Which of the following statements is correct? The debt/assets ratio decreased in Year 20x2. The liabilities of Year 20x2 decreased by 33.33% from $30,000 to $20,000, compared to Year 20x1. Retained Earnings increased by $50,000. The increase in total liabilities is due to taking out a new loan in Year 20x2