A company’s year-end comparative statement of financial position reflects the following changes from the prior year: cash increased by $40,000, total liabilities increased by $32,000, and all other assets decreased by $65,000. Which of the following statements is correct regarding the current-year change in the company’s stockholders’ equity?
A. It increased by $25,000.
B. It increased by $105,000.
C. It decreased by $32,000.
D. It decreased by $57,000.
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