Question: If assets increased $ 7 , 0 0 0 , and liabilities increased $ 5 , 0 0 0 , how much did owner s

If assets increased $7,000, and liabilities increased $5,000, how much did owners equity change?
1.
$12,000 increase
2.
$12,000 decrease
3.
$2,000 increase
4.
$2,000 decrease

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