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Blackfly Ltd. is a company that specializes in reforestation.The company has cash assets of $80,000 and liabilities of $30,000.Blackfly Ltd. pays off the $30,000 of

Blackfly Ltd. is a company that specializes in reforestation.The company has cash assets of $80,000 and liabilities of $30,000.Blackfly Ltd. pays off the $30,000 of debt.Blackfly Ltd. borrows another $30,000 and uses the money to buy baby trees.At this point the accounting equation is:???

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