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Last week, Ken purchased a painting for $ 5 , 0 0 0 and paid for it with cash from his checking account. When he
Last week, Ken purchased a painting for $ and paid for it with cash from his checking account. When he got home he realized that the painting's market value was actually $
What is the impact of this transaction on Ken's net worth?
Decrease of $
Increase of $
Decrease of $
Increase of $
Decrease of $
Increase of $
No impact
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