If depreciation increases by $100, assuming no taxes, what are the effects on the income statement and balance sheet?Required

Net income and net PP&E increase by $100

Net income decreases $100 and net PP&E increases $100

Net income increase $100 and net PP&E decreases $100

Net income and net PP&E decrease by $100

What is the present value of a $100 payment in Year 20 if the interest rate is 10% compounded annually?Required

$56.30

$14.86

$118.05

$84.70