Consider the following transactions: 1. Paid $10,000 cash for equipment 2. Borrowed cash on a note payable, $20,000 3. Provided services on account, $5,000 4. Received cash from a customer as payment on account, $1,000 After considering all increases and decreases, total assets increased by: $31,000 $25,000 O $16,000 $30,000 $26,000