Question 24 At the beginning of Year 1. ABC Company purchased a piece of equipment for $1,800. This equipment was expected to last 5 years at which time ABC hoped to sell the equipment for $300. At the beginning of Year 6, ABC Company sold the equipment for $200. ABC Company uses the straight line depreciation method. When the Year 1 Depreciation Expense is recognized, Cash Flows from Investing Activities will O increase $300 Onot be affected. O change by more than $300. O decase $300 esc Previous 1 tab Q caps lock shift 62 " M " = 3 " " MacBook Air 100 N Noted Submit Quir $ 4 5 xin A B N M fn > * control option command