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Marigold Company provided consulting services and billed the client $ 3 1 6 0 . As a result of this event, assets increased by $

Marigold Company provided consulting services and billed the client $3160. As a result of this event,
assets increased by $3160 and stockholders' equity decreased by $3160.
assets decreased by $3160 and stockholders' equity increased by $3160.
assets remained unchanged.
assets and stockholders' equity both increased by $3160.
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