M u nting rather than accrual ily 3.On January 1, 2018, total assets for Liftoff were $225 000; on December 31, 2018, total assets were $255 000. On January 1, 2018, total liabilities were $110 000; on December 31, 2018, total liabilities were $125 000. What is the amount of the change and the direction of the change in Liftoff shareholders' equity for 2018? 4.ABC Company had a beginning Accounts Receivable balance of $15 000, and had $22 600 of sales on account for the month. The ending Accounts Receivable balance was $10 300. Collections on Accounts Receivable for the month ( )