An asset with a book value of $19,000 is sold for $16,000. Which of the following answers would accurately represent the effects of the sale on the financial statements? (Note: The answers show the net effect on the total amount under each category. For example, if cash increased by $100 and Accounts Receivable decreased by $70, a net $30 increase would be shown in the assets column.) 
Definitions:
Population Structure
The composition and spatial distribution of genetic variation within and between populations, influenced by factors like migration, mating patterns, and natural selection.
Evolution
The method through which various types of living beings are believed to have evolved and branched out from ancestral forms throughout Earth's history.
Allele Frequencies
Allele frequencies encompass the proportion of different versions of a gene present within a population's gene pool.
Q31: The accounting principle that requires a company
Q33: Explain how "separation of duties" can be
Q62: Comparative income statements for Chicago Company are
Q79: Indicate how each event affects the
Q84: In an inflationary period, which inventory cost
Q101: An entry to record the purchase of
Q136: For a company that uses the allowance
Q137: Name three examples of property, plant and
Q149: How should a company record an expenditure
Q155: When a company has achieved an effective