Question: During the year, the Jackson Company reported a decrease in liabilities of $34,700. For the year, revenues were $131,800, expenses were $196,700, and dividends were

During the year, the Jackson Company reported a decrease in liabilities of $34,700. For the year, revenues were $131,800, expenses were $196,700, and dividends were $17,000. During the year, $73,000 in common stock was issued. There were no other changes in equity. What was the decrease in assets for the year?

Select one:

a.$86,900

b.$25,800

c.$81,900

d.$43,600

e.$155,600

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