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Bledsoe Company received $17,000 cash from the issue of stock on January 1, 2016. During 2016 Bledsoe earned $8,700 of revenue on account. The company

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Bledsoe Company received $17,000 cash from the issue of stock on January 1, 2016. During 2016 Bledsoe earned $8,700 of revenue on account. The company collected $6.400 cash from accounts receivable and paid $5,600 cash for operating expenses. Based on this information alone, during 2016, Total assets increased by $26,500. O Total assets increased by $20,100. O Total assets increased by $800. O Total assets did not change. 2019 Me Education Alt re

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