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help please, only ten minutes. Current Attempt in Progress Blue Spruce Corp. sold equipment for $56000. The equipment had an original cost of $160000 and

help please, only ten minutes. image text in transcribed
Current Attempt in Progress Blue Spruce Corp. sold equipment for $56000. The equipment had an original cost of $160000 and accumulated depreciation of $55000. Ignoring the tax effect, as a result of the sale O net income will decrease $49000 O net income will increase $49000. O net income will increase $56000, O net income will decrease $56000

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