On March 1, 2021, BDL Co. incurred cash expenditures that increased the life of property, plant, and equipment it had acquired several years prior. Indicate the net effect of the event/transaction on assets, liabilities, and equity.

On March 1, 2021, BDL Co. incurred cash expenditures that increased the life of property, plant, and equipment it had acquired several years prior. Indicate the net effect of the event/transaction on assets, liabilities, and equity