If total liabilities increased by $98000 and stockholders' equity increased by $31000 during a period of time, then total assets must change by what amount and direction during that same period? $160000 increase $191000 increase $129000 increase $129000 decrease Cullumber Repair Shop started the year with total assets of $304000 and total liabilities of $244000. During the year the business recorded $628000 in revenues, $335000 in expenses, and dividends of $61000. The net income reported by Cullumber Repair Shop for the year was $293000. $171000. $556000. $232000