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Puffin Company began the year with assets of $118,000 and liabilities of $84,000. During the year assets increased by $15,600 and liabilities decreased by $10,800

Puffin Company began the year with assets of $118,000 and liabilities of $84,000. During the year assets increased by $15,600 and liabilities decreased by $10,800 What is the amount of the change in Puffin's stockholders' equity during the year? Multiple Choice 42 $26,400 increase $4,800 increase $26,400 decrease $4.800 decrease

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