Compare the January 31 balance sheet you prepared with the December 31 balance sheet shown in Figure 6.4. 1. What changes occurred in total assets, liabilities, and the owners ending capital? 2. What changes occurred in the Cash and Accounts Receivable accounts? 3. Has there been an improvement in the firms financial position? Show less Amount 1. Total assets increased by $50,427 Total liabilities increased by $14,000 Owner's capital increased by $36,427 2. Cash decreased by $8,130 Accounts receivable increased by $8,940 3. Firm's financial position increased by ?