Answer:
Assets decrease $71,040 and liabilities increase $25,960
Explanation:
A decrease in an asset (which is an offset by either an increment in another asset, a reduction in a particular equity account or liability, or a boost in an expense.)
Increasing assets (indications to prove the growth of the company, but everybody can acknowledge to the fact that there are a lot more behind the scenes which is more than just looking at the assets.)
Decrease in assets = $97,000 - $12,700 - $7,260 - $6,000 = $71,040
Increase in assets = $12,400 + $7,290 + $6,000 = $25,960
