Recerding Asset Acquitition, Depreciation, and Disposal (F5ET) Use the firancial statentem effects templace to show how the following activies aflect the balance shere and income statement: b. Depreciation in the first year, Verd ises the strapht the method of deprecation. CSale of the mactire on Dectmber 31, Yeur 4 Verd sold the muchine to anotie campany for 561,250