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A. Assets and equity increase by $98,000. B. Assets increase by $130,000 and liabilities decrease by $98,000. C. Assets and liabilities increase by $98,000. D.

A. Assets and equity increase by $98,000. B. Assets increase by $130,000 and liabilities decrease by $98,000. C. Assets and liabilities increase by $98,000. D. Assets increase by $130,000 and liabilities decrease by $32,000

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