NewAge, Inc. sold merchandise at the price of $150,000 in September on credit. Which of the following describes how the event would affect the company's balance sheet? Increase noncash assets by $150,000 and increase earned capital by $150,000 Increase liabilities by $150,000 and increase earned capital by $150,000 Increase liabilities by $150,000 and decrease earned capital by $150,000 Increase cash assets by $150,000 and increase earned capital by $150,000