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What was the decrease in assets for the year

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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 $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?

a. $86,900

b. $25,800

c. $81,900

d. $43,600

e. $155,600

Reference no: EM132564636

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