If Total Liabilities Increased by $46,000 During a Period of Time

Multiple Choice

If total liabilities increased by $46,000 during a period of time and stockholders' equity decreased by $18,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n)

A) $46,000 increase.
B) $64,000 increase.
C) $28,000 decrease.
D) $28,000 increase.