On December 31, the last day of its fiscal year, the Narduzzi Company accrued interest expense on an outstanding note payable. The interest will be paid on the maturity date of the note in 3 months. The accrual of interest expense on December 31 will (select ALL correct choices):

increase decrease operating income

increase decrease net income

increase operating income

increase decrease liabilities

increase decrease assets

increase decrease stockholders' equity