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If total assets increased $20,000 during a period and total liabilities increased $12,000 during the same period, the amount and direction (increase or decrease) of

If total assets increased $20,000 during a period and total liabilities increased $12,000 during the same period, the amount and direction (increase or decrease) of the change in owners' equity for that period is:

A $32,000 increase.

A $32,000 decrease.

An $8,000 increase.

An $8,000 decrease.

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