At year-end, total assets were $300,000. Total liabilities were $250,000 and equity totaled $50,000. If total assets decreased by $88,000 during the year and stockholders' equity increased by $71,000 during the year, then the amount and direction (increase or decrease) of the year's change in total liabilities is

Question 4 options:

	a $17,000 increase
	an $88,000 decrease
	a $159,000 increase
	a $159,000 decrease