Use this information to answer the following question.

Here is the balance sheet for Costello Container Company: Costello Container Company Balance Sheet December 31, 2014 Assets Liabilities Cash $ 8,000 Accounts payable $16,000 Accounts receivable 3,000 Land 14,000 Owner's Equity Building 44,000 Jose Costello, capital 66,000 Equipment 13,000 Total liabilities and Total assets $82,000 owner's equity $82,000

If the equipment were sold for $13,000, then the Jose Costello, Capital account would a. increase by $37,000. b. increase by $13,000. c. decrease by $13,000. d. stay the same.