Beachwood Clothing Company operates a chain of high end men's clothing stores. Recently the Company closed one of its stores and sold the equipment that was used in the store. The equipment had cost $5.000 and was sold for $6.000, Which of the following shows how the recognition of this event would affect the Company's financial statements? Balance Sheet Statement of Income $tatement Assets Cash Flows Net Inc. Exp. Equipment (5,000) (5,000) Gain Equity Rev. Liab. Cash + 1,000 IA 1,000 NA 1,000 NA 1,000 NA 6,000 + A. 6,000 OA 6,000 IA 1,000 1,000 NA 1,000 NA NA 5,000 NA B. 4 1,000 NA (5,000) NA 1,000 NA 6,00 6,ee0 0A NA NA NA 6,000 (6,000) NA NA NA D. +