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Assume that the seller owes $126,000 on a loan for the land. After receiving the $867,500 cash in (a), the seller pays the $126,000 owed.

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Assume that the seller owes $126,000 on a loan for the land. After receiving the $867,500 cash in (a), the seller pays the $126,000 owed. What is the fect of the payment on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity? If there is no change, select 'No change" om the dropdown and then enter a 'o' in the amount box. Consider only the payoff of the loan, without considering the sale of the land

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