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A company began the year with assets of $105,000, liabilitles of $22,500, and stockholders' equity of $82,500 During the year assets increased $55,500 and stockholders'

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A company began the year with assets of $105,000, liabilitles of $22,500, and stockholders' equity of $82,500 During the year assets increased $55,500 and stockholders' equity increased $21000. What was the change in liabilities for the year? Multiple Choice Increase of 576,500 Decrease of $34.500 Increase of $34,500 Decrease of $76,500

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