Hello,

Would you mind reviewing my information below according to at&t 2019 & 2018 annual income statement and let me know if this makes sense or I'm proving what they are asking of me?

3. What are the accounts (not totals, but accounts i.e. net income is a total, wage expense is an account) that catch your attention compared to the previous year's income statement?List at least 3 and briefly explain why you selected each one.(Total Expenses or Net Income are not accounts, they are totals or labels for totals.)Explanation must say more than the figure increased or decreased, why would that be of interest?

1. Equipment - In 2019, the equipment has decreased by $717, a total of $17, 694 compared to $18,411 in 2018. When there is an increase in inventory it will be subtracted from the companies purchase of goods.

2. Depreciation and amortization has decreased by $213 in 2019 according to the income statement, in 2019 it was at $28,217 and in 2018 it was at $28,430. The depreciation eventually reduces the recorded value of an asset until it has no real worth at the useful life.

3. Interest Expense- in this situation the interest expense will be higher only during periods of rampant inflation in which some companies have incurred debt with high interest rates.

Thank you