At the beginning of Year 1. ABC Company purchased a piece of equipment for $1,800. This equipment was expected to last 5 years at which time ABC hoped to sell the equipment for $300. At the beginning of Year 6, ABC Company sold the equipment for $200. ABC Company uses the straight line depreciation method. When the Year 1 Depreciation Expense is recognized, Total Assets will: decrease $300 remain the same increase $300 change by more than $300