Question: During 2 0 2 2 , Voyager Industries incurred operating expenses amounting to $ 2 3 6 , 0 0 0 , of which 7

During 2022, Voyager Industries incurred operating expenses amounting to $236,000, of which 75% was paid in cash; the balance will be paid during 2023. Which of the following is correct for the 2022 year-end balance sheet?
Multiple Choice
Stockholders' equity decreases $177,000 and assets decrease $177,000.
Assets decrease $236,000 and stockholders' equity decreases $236,000.
Assets decrease $236,000, liabilities increase $59,000, and stockholders' equity decreases $236,000.
Stockholders' equity decreases $236,000, assets decrease $177,000, and liabilities increase $59,000.
During 2 0 2 2 , Voyager Industries incurred

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