In January 2024 , Summit Department Store sells a gift card for $75 and receives cash. In February 2024, the customer comes back and spends $45 of the gift card to purchase a water bottle. What is the financial statement effect of the sale of the gift card in January? Multiple Choice Increase assets by $45, decrease liabilities by $30, and increase stockholders' equity by $75 Increase assets by $75 and increase liabilities by $75 Increase assets by $45, increase liabilities by $75, and decrease stockholders' equity by $30 Increase assets by $75 and increase stockholders' equity by $75