Galaxy Company sold merchandise costing 53,500 for $6,000 cash. The merchandise was later returned by the customer for a refund. The company uses the perpetual Inventory system. What effect will the sales return have on the financial statements? (Consider the effects of both parts of this event) Multiple Choice Total assets and total stockholders equity increase by 52.500 Total assets and total stockholders' equity decrease by 32.500 Total assets decrease by 56,000 and total stockholdeneguty decreases by 53.500 Total assets and total stockholders' equity decrease by $6.000