accounting

a. A vacant lot acquired for $296,000 is sold for 3571,500 in cash. What is the effect of the sale on the total amount of the seller's (1) assets, (2) liablities, and (3) stockhoiders' equity? 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 $83,000 on a loan for the land. After receiving the $571,500 cash in (a), the seller pays the $83,000 owed. What is the effect of the poyment on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity? If there is no change, select ' No change' from the dropdown and then enter a ' 0 ' in thry amount box. Contides only the payoff of the loan, without considering the sale of the land. c. Is it trun that a transaction always affects at least two elements (Assets, Liabilities, of Stockholders' Equity) of the accounting equation