Question 9 1 pts The depreciation expense of an asset can change for all of the following reasons EXCEPT change in the asset's expected residual value. increase in the asset due to regular repairs and maintenance. change in the asset's expected useful life. increase in the asset due to major repairs. Question 10 1 pts A manufacturing company owned land that was purchased in 2005 for $300,000. During 2015 the land was sold for $750,000. What will be included in the 2015 income statement? This information would not be included in the income statement as it does not impact the company's wealth. O A cash inflow of $750,000 in the investing section of the income statement. Revenue of $750,000 and cost of sales of $300,000. O Gain on sale of $450,000