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The following is a summary of information presented on the financial statements of a company on December 31, 2017. 2016 2017 Account $88,000 $71,000 Current

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The following is a summary of information presented on the financial statements of a company on December 31, 2017. 2016 2017 Account $88,000 $71,000 Current Assets 75,000 54,000 51,000 64,000 67,000 Accounts Receivable Merchandise Inventory 53,000 Current Liabilities 50,000 50,000 43,000 42,000 Long-term Liabilities 78,000 Common Stock 69,000 Retained Earnings OA. long-term liabilities decreased by $2,000 O B. long-term liabilities decreased by $28000 O c. long-term liabilities decreased by 16% OD. long-term liabilities decreased by 56% Click to select your

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