During the year, a firm reported a decrease in liabilities of $68,700. For the year, revenues were $196,700, expenses were $131,800, and dividends were $73,000. During the year, $17,000 in common stock was issued. No other equity transactions occurred. What was the change in assets for the year?

Select one:

a.

$43,600

b.

$77,600

c.

$68,400

d.

$59,800

e.

$102,400