8-9. On December 31, 2018, Pinto Products, Inc. will record $250,000 in depreciation expense for the calendar year 2018.

8. The MOST LIKELY effect on Pintos

1. Balance Sheet
2. Income Statement
3. Cash Flow Statement
4. Auditors Report

9. Will be a (an)

1. Increase in Assets
2. Decrease in Expenses
3. Increase in Equity
4. Decrease in Liabilities