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Reducto Co . pays a weekly payroll of $ 9 9 comma 0 0 0 $ 9 9 , 0 0 0 that includes federal

Reducto Co. pays a weekly payroll of $ 99 comma 000$99,000 that includes federal taxes withheld of $ 12 comma 900$12,900 FICA taxes withheld of $ 7 comma 200$7,200, and retirement withholdings of $6,000. What is the effect on assets and liabilities from this transaction?

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