In January 2024, Summit Department Store selis a gift card for $65 and recelves cash, in February 2024 , the custocmer comes back and spends $35 of the gift card to purchase a water bottie. What is the financial statement effect of the sale of the ghtt card in January? Muliple Choice Increase assets by $65 and increase stockholders' equhy by 565 Increase assets by $65 and increase labines by $65 Increase assets by $35, decteose liabities by $30, and incresse stockfolders equily by $65 Increase assets by $35, increase fiabletes by $65, and decrease stockholders' equity by $30