Fandango Co. Ltd. acquired a $45,000 piece of heavy equipment. If they paid for the machine with a bank loan, the change in the balance sheet would be Siriect one: Assets and long-term labilities each increase by $45,000 Assets decrease by $45,000 and long-term liabilities decrease by $45,000 Long term liabilities and sharehoider's equity each increase by $45,000 Assets increase by $45,000 and long-teim liabiles decrease by $45,000