When it goes on sale for $1,600, Mikah buys a new plasma television that is valued at $1,800. He takes $300 from his savings account to use as a down payment and finances the rest. Choose the true statement.
a.
Mikah's assets increased by $1,300.
b.
Mikah's assets increased by $1,500.
c.
Mikah's assets increased by $1,600.
d.
Mikah's assets increased by $1,800.
