Question: what effect? Select one: a . Decrease depreciation expense by $ 4 0 , 0 0 0 b . Increase gain on sale by $

what effect?
Select one:
a. Decrease depreciation expense by $40,000
b. Increase gain on sale by $60,000
c. Increase investment in subsidiary by $60,000
d. Reduce equipment (net) by $80,000
The eliminating entry is:
\table[[Investment in subsidiary,60,000,],[Depreciation expense,20,000,],[Gain on sale,,40,000]]
what effect? Select one: a . Decrease

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