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UPS Corporation purchased a truck for $90,000 cash. Which of the following statements is correct immediately after making this purchase? Group of answer choices Net

UPS Corporation purchased a truck for $90,000 cash. Which of the following statements is correct immediately after making this purchase? Group of answer choices Net Income will decrease by $90,000 Total Shareholder Equity will decrease by $90,000 Total liabilities will increase by $90,000 Total assets will remain the same

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