On January 2, 2022, Niceville Corporation sold equipment for $40,000 cash. The equipment had an original cost of $150,000 and accumulated depreciation of $90,000. Use the following tabular analysis to record the sale. Asset Stedel qu Common tad Eaing Equgnt - Accmlaed Depenciation 150.000 Ca Stock 90,000 Increase Cash $40,000, decrease Equipment $150,000, decrease Accumulated Depreciation $90,000 and increase Revenues $20,.000. Increase Cash $40,000, decrease Equipment $60,000 and decrease Revenues $20,000. Increase Cash $40,000, increase expenses (loss) $20,000, decrease Equipment $150,000 and decrease Accumulated Depreciation $90,000. Increase Cash and decrease Equipment $40,000.