a. A vacant lot acquired for $279,500 is sold for $539,500 in cash. What is the effect of the sale on the total amount of the seller's (1) assets, (2) labilities, and (3) stockholders equity? If there is no change, select 'No change from the dropdown and then enter a "0" in the amount box. Effect Amount 1. Total Assets 2. Total Uabilities 3. Stockholders Equity b. Assume that the seller owes $78,500 on a loan for the land. After receiving the $539,500 cash in (a), the seler pays the $78,500 owed. What is the effect of the payment on the total amount of the seller's (1) assets, (2) labilities, and (3) stockholders equity? If there is no change, select 'No change' from the dropdown and then enter a 0 in the amount box. Consider only the payoff of the loan, without considering the sale of the land. Effect Amount 1. Total Assets 2. Total Liabilities 3. Stockhoiders Equity e. Isit true that a transaction always affects at least two elements (Assets, Liabilities, or Stockholders' Equity) of the accounting equation?