A machine with a book value of $38,000 is sold for $32,000 cash. Which of the following answers would accurately represent the effects of the sale o the financial statements? Income Statement Balance Sheet Stockholders' Assets - Liabilities + Equity A. 38,000 - n/a + 38,000 B. (6,000) = n/a + (6,000) C. (6,000) = n/a (6,000) D. (6,000) n/a (6,000) Revenue/Gain Expense/Loss = 38,000 n/a n/a 6,000 n/a 6,000 n/a 6,000 Net Income 38,000 (6,000) (6,000) (6,000) Statement of Cash Flows 38,000 1/A 6,000 OA 6,000 TA 32,000 IA + Multiple Choice Option A o Option O Option o Option