Orr Corporation sold equipment for $30,000.The equipment had an original cost of $90,000 and accumulated depreciation of $45,000.As a result of the sale,
A) net income will increase $30,000.
B) net income will increase $15,000.
C) net income will decrease $15,000.
D) net income will decrease $30,000.
Correct Answer:
Verified
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