All of these answer choices are correct.Change in total assets = Increase in accounts receivable because of services provided on account of $45,500 - Decrease in account receivable because of collections on account of $32,400 = $13,100 increase Change in total liabilities = Increase in accounts payable because of expenses incurred on account $37,000 - Decrease in accounts payable because of payments on account of $32,400 = $4,600 increase Change in equity = Increase in retained earnings (revenue) of $45,500 - Decrease in retained earnings (expenses) of $37,000 = $8,500 increase