! Required Information The following information applies to the questions displayed below) Heines Clocks is a retailer of wall, mantle, and grandfather clocks and is located in the Empire Mall in Sioux Falls, South Dakota Assume that a grandfather clock was sold for $18,000 cash plus 3 percent sales tax. The clock had originally cost Heines $14,000 Assume Heines uses a perpetual Inventory system. 1. Indicate the effects of the amounts for the above transactions inter any decreases to account balances with a minus sign) Assets Liabilities Stockholders' Equity