Ruiz Company sold land for $25,000 cash.The original cost of the land was $25,000.Select the answer that indicates how this event would affect the company's financial statements.

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The Answer of Ruiz Company sold land for $25,000 cash.The original cost of the land was $25,000.Select the answer that indicates how this event would affect the company's financial statements.

Ruiz Company Sold Land for $25,000 Cash