Which of the following shows how paying cash to reduce long$-$term liabilities will affect a companys financial statements? The letters NA$,$ IA and FA indicate that the component of the equation is Not Affected, Investing Activities and Financing Activities respectively.Balance sheetIncome StatementStatement of Cash Flows Assets$=$Liabilities$+$EquityRevenueExpenses$=$Net IncomeA.$+=+$NANANA$=$NA FAB.$=+$NANANA$=$NA IAC.$=+$NANA$+=$ FAD.$=+$NANANA$=$NA FA