Un Company sold office equipment with a cost of $$42,310$ and accumulated depreciation of $$38,633$ for $$6,050.$

Required

a$.$ What is the book value of the asset at the time of sale?

b$.$ What is the amount of gain or loss on the disposal?

c$.$ How would the sale affect net income $($increase$,$ decrease, no effect$)$ and by how much?

d$.$ How would the sale affect the amount of total assets shown on the balance sheet $($increase$,$ decrease, no effect$)$ and by how much?

e$.$ How would the event affect the statement of cash flows $($increase$,$ decrease, no effect$)$ and in what section?