5. A schedule attached in the prior year's working papers reconciles Retained Earnings and Accumulated Adjustments Account balances at 12/31/13 as follows: Balance per Schedule L (Balance Sheet) . .... $90,277 Accumulated depreciation for machinery and equipment (M&E) for tax M&E Acquired 07/01/15 .. . . $ 7,119 M&E Acquired 02/01/16 ... 28,615 $35,734 Accumulated depreciation per books. . .. 17.778 Excess of Accumulated Tax over Book Depreciation for M&E . ..... (17.956) Balance per Schedule M (Analysis of the Accumulated Adjustments Account) .... $ 72.321