Yi Company provided services to a customer for

$5,500

cash. As a result of this event:\ A. total assets increased and total equity decreased.\ B. total assets were unchanged and cash flows from operating activities increased.\ C. liabilities decreased and net income increased.\ D. total assets increased and net income increased.

Yi Company provided services to a customer for $5,500 cash. As a result of this event: A. total assets increased and total equity decreased. B. total assets were unchanged and cash flows from operating activities increased. C. liabilities decreased and net income increased. D. total assets increased and net income increased.