v2 Help I Chegg.com Chegg Study Order Confirmation 1 Chegg.conm Caloulator The Austin Land Company sold land for $60,140 in cash. The land was originaly purchased for $33,430, and at the time of the sale, $12,290 was still owed to Regions Bank. After the sale, The Austin Land Company paid off the loan. Explain the effect of the sale and the payof of the loan on the accounting equation. Enter all dollar amounts as positive numbers Total assets Total liabilities Stockholders equity Decrease Increase ?Pr