Cathy Company is a pharmaceutical company. The grid below is a list of possible effects on the Income Statement and the Balance Sheet. The code is: += increase; --= decrease; NE = no effect. Revenue/Gain 1. +5 Expense/Loss NE Net Income Assets Liabilities Equity +5 +5 NE +5 +10 NE +10 +10 NE +10 NE +40 --40 --40 NE --40 IV. NE V. NE NE +5 NE NE NE NE --5 --5 NE --5 Match the effect that the transaction below would have on Cathy Company's Income Statement and Balance Sheet. Choose (I). (II), (IU), (IV), or (V) from the grid. For example, if the transaction were "Collected cash on accounts receivable," the correct answer would be (IV) because there is no effect on revenue, expense, net income, overall assets, liabilities, or equity. Transaction: Sold as asset for $10 cash. The asset had an original cost of $50 and had $35 accumulated depreciation associated with it. OV OIV O III