On October 1, Year 1 Coker Company issued a $1,000 face value discount note that carried a 6% annual interest rate and a one year term to maturity. On the date of issue Multiple Choice O the amount of total assets would increase by $1,000 the amount of total abilities would increase by 5940 the amount of total assets would increase by $1060 the amount of total assets would increase by $1,000. the amount of total liabilities would increase by $940. the amount of total assets would increase by $1060. the amount of total liabilities would increase by $960