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Thao Ice Cream purchased a building for its ice cream shop for $100,000 four years ago. The accumulated depreciation on March 1, 2023 was $70,000.

Thao Ice Cream purchased a building for its ice cream shop for $100,000 four years ago. The accumulated depreciation on March 1, 2023 was $70,000. On March 1, 2023 Thao Ice Cream wanted to move the location of its ice cream shop and sold the building for $380,000 of cash. How much do total assets increase/decrease by for the sale on March 1, 2023 for Thao Ice Cream? If total assets decrease, you need to put the - sign in front of your number. If total assets increase, just put the number.

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