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A vacant lot acquired for $400,000 is sold for $772,000 in cash.What is the effect of the sale on the total amount of the seller's(1)

A vacant lot acquired for $400,000 is sold for $772,000 in cash.What is the effect of the sale on the total amount of the seller's(1) assets, (2) liabilities, and (3) stockholders' equity? If there 0 answers

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