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If we used up one yearsworth of our equipment asset, which originally cost $ 2 0 , 0 0 0 and has an expected useful

If we used up one yearsworth of our equipment asset, which originally cost $20,000 and has an expected useful life of 5 years, assuming equal usage each year, we have used up $4,000 for the year \$20,000 cost/5 yealusefullife=\$4,000). In addition to an increase in depreciation expense, what other account is affected? Select one : Decrease in cash Decrease in equipment Increase in a liability Increase in accumulated depreciation

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