View Policies Current Attempt in Progress Indicate how each of the following transactions would affect Dyche Ltd's statement of income, statement of financial position, and statement of cash flows. If there would be no effect, then state that. a. b. Dyche sold a piece of equipment for $169,000. The equipment had originally cost $773,000 and had a carrying amount of $146,000 at the time it was sold. Dyche purchased a new piece of equipment to replace the equipment that had been sold. The new equipment had a cost of $1,147,000. Dyche recorded the annual depreciation on its equipment in the amount of $411,000. C. Statement of Financial Position Statement of Income $ a. $ b. . $ C. $ Increase in Assets and increase in Liabilities Increase in Assets and Decrease in Liabilities Decrease in Assets and Decrease in Liabilities Increase in Assets and increase in Shareholders' Equity Increase in Assets and Decrease in Shareholders' Equity Decrease in Assets and Decrease in Shareholders' Equity Increase in Liabilities and Increase in Shareholders' Equity Increase in Liabilities and Decrease in Shareholders' Equity Decrease in Liabilities and Decrease in Shareholders' Equity No Net Effect Save for Later Last saved 28 minutes ago. View Policies Current Attempt in Progress Indicate how each of the following transactions would affect Dyche Ltd's statement of income, statement of financial position, and statement of cash flows. If there would be no effect, then state that. a. b. Dyche sold a piece of equipment for $169,000. The equipment had originally cost $773,000 and had a carrying amount of $146,000 at the time it was sold. Dyche purchased a new piece of equipment to replace the equipment that had been sold. The new equipment had a cost of $1,147,000. Dyche recorded the annual depreciation on its equipment in the amount of $411,000. c. Statement of Financial Position a. Statement of Income $ Increase in Net Income Decrease in Net Income No Effect $ $ b. C. TA Save for Later Last saved 28 minutes ago. Attempts: 0 of 2 used Submit