An impairment loss will have what effect on $(1)$ total assets, $(2)$ total

liabilities, and $(3)$ total stockholders' equity?

Multiple Choice

$(1)$ Decrease; $(2)$ Increase; $(3)$ Increase

$(1)$ Decrease; $(2)$ No Effect; $(3)$ Decrease

$(1)$ Increase; $(2)$ No Effect; $(3)$ Increase

$(1)$ Increase; $(2)$ Increase; $(3)$ Decrease