7 In Year 1, Dale Company incurred $4,000 of utility expense on account. Dale paid cash for these expenses in Year 2. Which of the following shows how paying cash for utility expense will affect Dale's accounting equation in Year 2? + Stockholders' Equity Common Retained Stock Earnings + Balance Sheet Assets - Liabilities + Accounts Accounts Cash Receivable Fayable A. (4,000) (4.000) 4.000 (4,000) c. (4,000) D. (4,000) (4,000) (4,000) Multiple Choice O Option a Options eon C Opson D