Answer:
Option (a) $7,386 increase
Explanation:
Data provided in the question:
Change in total liabilities = - $26,185 [negative sign depicts decrease]
Change in equity = $33,571
Now,
Total Assets = Total Liabilities + Total Equity
Thus,
Change in total assets = Change in total Liabilities + Change in total Equity
or
Change in total assets = - $26,185 + $33,571
= $7,386 [positive value depicts increase]
Hence,
Option (a) $7,386 increase