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Oriole Enterprises' total assets decreased by $9680 during the year. Its stockholders' equity increased by $10560 during the same period. Net income totaled $7040 during

Oriole Enterprises' total assets decreased by $9680 during the year. Its stockholders' equity increased by $10560 during the same period. Net income totaled $7040 during the year.

What occurred to the company's total liabilities during the year?

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