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During the current year, the assets of Wheatley's increased by $362,000, and the liabilities increased by $260,000. The owners' equity in the business must have:
During the current year, the assets of Wheatley's increased by $362,000, and the liabilities increased by $260,000. The owners' equity in the business must have: Increased by $622,000 Increased by $102,000 O Decreased by $102,000 O Decreased by $622,000
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