Question 18 of 21 - / 4 III View Policies Current Attempt in Progress On January 2, 2022, Marigold Corporation sold equipment with a book value of $50000 for $72000 cash. Use the following tabular analysis to record the sale. Assets = Liabilities Stockholders' Equity Common Retained Earnings Stock Rev. Exp. - Div. Cash + Accumulated Depreciation 110000 + Equipment 160000 + Jan 2 bal. Increase Cash $72000, increase expenses (loss) $22000, decrease Equipment $160000 and decrease Accumulated Depreciation $110000. Increase Cash $72000, decrease Equipment $50000 and increase Revenues $22000. Increase Cash $72000, decrease Equipment $160000, decrease Accumulated Depreciation $110000 and decrease Revenues $22000. Increase Cash $72000, decrease Equipment $160000, decrease Accumulated Depreciation $110000 and increase Revenues $22000