a. A vacant lot acquired for $342,500 is sold for $661,000 in cash. What is the effect of the sale on the total amount of the seller's (1) assecs, (2) liabilities, and (3) stockholdersiequity? If there is no change, select 'No change' from the dropdown and then enter a " 0 " in the amount box. b. Assume that the seller owes $96,000 on a loan for the land. After rectiving the $661,000 cash in (a), the seller pays ther $96,000 owed. What is the effect af the payment on the total amount of the seller's (1) assets, (2) liabidises, and (3) stockholders' equily? 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 consideriog the sale of the fand. c. Is it true that a transaction always affects at iesst two elements (Assets, Labilities, or Stockholders' Equaty) of the accounting equation