Long Leaf Company's tabular analysis at the beginning of April consisted of the following balances: Assets Stockholders' Equity Retained Earning Cash + Accts. Rec. Red Exp. Beg. Bal $3,000 $2,500 How would Long Leaf record the payment of the total amounts due to its creditors in the tabular analysis? Liabilities Accts. Pay S500 Commen Stock 55.000 Decrease Cash by $500 and decrease Accounts Payable by $500. Decrease Cash by $500 and decrease Accounts Receivable by $500. Increase Cash by $2,500 and decrease Accounts Receivable by $2,500. Increase Cash by $2,500 and decrease Accounts Payable by $2,500