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If during the year total assets increase by $67,000 and total liabilities decrease by $12,000, by how much did owner's equity increase/decrease? Multiple Choice $79,000

If during the year total assets increase by $67,000 and total liabilities decrease by $12,000, by how much did owner's equity increase/decrease? Multiple Choice $79,000 Increase $55,000 decrease $79,000 decrease $67,000 Increase

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