Chuck's Upholstery acquired 60 chairs from a manufacturer at a cost of $100 per chair and purchased the chairs on account. The effect of this transaction on Chuck's Upholstery would be to: increase inventory by $6,000, and decrease stockholders' equity by $6,000 increase inventory by $6,000 and decrease cash by $6,000 increase inventory by $6,000, and increase stockholders' equity by $6,000 increase inventory by $6,000, and increase accounts payable by $6,000 increase inventory by $6,000, and decrease accounts payable by $6,000