Happy company sold inventory for $45,000 costing $30,000. Happy company received $20,000 cash the day the sale occurred. How does this transaction effect the accountina equation? Select one 1. Increase in the cash account of $20,000 and an increase in the revenue account of $20,000 b. Increase in the cash account of $20,000, an increase in the accounts receivable account of 525.000, a decrease in Inventory of $30,000, and an increase in the revenue account of $45.000 Decrease in the inventory account of 545,000, an increase in the cash account of $45,000, and an increase in the revenue account of $45,000 d Decrease in the inventory account of $30,000, an increase in the cash account of $45.000, and an increase in the revenue account of 545,000