Viscount Company collected $27,000 cash on its accounts receivable. The effects of this transaction as reflected in the accounting equation are: Select one: O a. Total assets decrease and equity increases. b. Both total assets and equity are unchanged and liabilities increase. O c. Both total assets and total liabilities decrease. O d. Total assets, total liabilities, and equity are unchanged. During the year 2016, Dana Company earned revenues of $90,000, had expenses of $62,000, purchased assets with a cost of $10,000 and had owner drawings of $6,000. Net income for the year is Select one: a. $28,000. b. $32,000. O c. $18,000. O d. $22,000. Clear my choice