During the year, a firm reported an increase in liabilities of $52,500. For the year, revenues were $196,700, expenses were $131,800, and dividends were $73,000. During the year, $17,000 in common stock was issued.No other equity transactions occurred. What was the change in assets for the year?

Select one:

a.$43,600

b.$77,600

c.$84,600

d.$61,400

e.$66,800