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Washburn Motors signs a contract to sell a $100,000 luxury sedan to be delivered next month, and receives a $20,000 cash down payment from the buyer. How will the transaction most likely affect Washburn assets and liabilities?
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A. Unchanged Unchanged
# u. _ c& C. ]6 OB. Increase Increase 4 Q. X9 B* }% i B
C. Increase Unchanged ! I7 Z# B) k( A2 ?' ?
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