Unger Company uses the perpetual inventory method. Unger sold goods that cost $3,500 for $7,200. If the sale was made to a customer on account, the sale will:

Question 6 options:

1)	increase total assets by $3,700.

2)	increase total liabilities by $7,200.

3)	increase total liabilities by $3,500.

4)	increase total assets by $7,200.