Problem 6-1 The following events apply to The Triton Brewing for the 2016 fiscal year: $94,500 cash from the issue of common stock. $83,250 for a new Pizza oven. 1. Received 2. Paid 3. Eamed 4. Paid 5. Paid 6. Adjusted the records to reflect the use of the Pizza oven. The oven, purchased on January 1 $139,500 in cash revenue $65,250 cash for salaries expense. $30,600 cash for operating expenses. 2016, has an expected useful life of five years and an estimated salvage value of Use straight-line depreciation. The adjusting entry was made as of December 31, 2016. $15,750 REQUIRED Record the above transactions in a horizontal statements model What amount of depreciation expense would The Triton Brewing report on the 2016 income statement? What amount of accumulated depreciation would The Triton Brewing report on the December 31, 2016, balance sheet? Would the cash flow from operating activities be affected by depreciation in 2016? a. b. c. d