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During the year, the Jackson Company reported a decrease in liabilities of $34,700. For the year, revenues were $131,800, expenses were $196,700, and dividends were
During the year, the Jackson Company reported a decrease in liabilities of $34,700. For the year, revenues were $131,800, expenses were $196,700, and dividends were $17,000. During the year, $73,000 in common stock was issued. There were no other changes in equity. What was the decrease in assets for the year?
Select one:
a.$86,900
b.$25,800
c.$81,900
d.$43,600
e.$155,600
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