Phoenix Inc. has $112,000 of assets and $53,000 of stockholders' equity on December 31,2019 . On January 5,2020 , the company bought $37,000 of assets by incurring a liability. Phoenix's liabilities and stockholders' equity after the purchase are, respectively, $85,000 and $57,000 $0 and $90,000 $96,000 and $53,000 0$ and $16,000 $96,000 and $16,000