On July 1, 2019, Goode Company borrowed $110,000. The company signed a note payable with interest at 4 percent per year. The note and interest are due on December 31, 2019. On December 31, 2019, Goode paid $112,200 to settle the debt in full. Assuming no accruals for interest have been made during the year, transaction analysis of the $112,200 cash payment on December 31, 2019 should reflect which of the following? a. A decrease in assets of $103,000 and a decrease in liabilities of $103,000.
b. A decrease in assets of $100,000, a decrease in stockholders’ equity of $3,000, and a decrease in liabilities of $103,000.
c. A decrease in stockholders’ equity of $100,000, a decrease in liabilities of $3,000, and a decrease in assets of $103,000.
d. A decrease in liabilities of $100,000, a decrease in stockholders’ equity of $3,000, and a decrease in assets of $103,000.

Alandlord rented an art studio to an artist. under the terms of the signed, written, two-year lease, the artist agreed to pay the landlord $1,000 per month and to assume responsibility for all necessary repairs. after the first year of the lease, the artist assigned the balance of his lease to a sculptor. the landlord approved the sculptor as a tenant and accepted two rent payments from her, and then the landlord sold the building to an investor. the sculptor had made two payments to the investor when an electrical fire broke out in the studio, injuring the sculptor. the fire was caused by faulty wiring. the landlord was aware that there was a dangerous wiring problem when he leased the property to the artist. but when the landlord discovered how costly repairs would be, he decided it would be more profitable to sell the property than to repair it. the problem was not easily discoverable by anyone other than an expert electrician, and the landlord did not tell the artist, the sculptor, or the investor about the problem. the sculptor sues to recover damages for her injuries. from whom can the sculptor recover?