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January 1 , Year 5 , the company spent $6,000 to improve the quality of the asset. How does the Year 5 depreciation expense impact

January 1 , Year 5 , the company spent $6,000 to improve the quality of the asset. How does the Year 5 depreciation expense impact the elements of the financial statements? Multiple Choice Increase total assets by $4,375 Decrease stockholders' equity by $4,375 Decrease total assets by $4,625 Increase stockholders' equity by $4,625

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