Table 3 Income statement Year1 Year2 Revenue 256,930.00 411,088.00 Operating expense 218,391.00 328,870.00 interest expense 6,400.00 6,400.00 depreciation expense 15,000.00 22,000.00 taxes 3,428.00 10,764.00 net income 13,712.00 43,054.00 Table 4 Balance sheet Asset year1 year2 cash 3,754.00 5,744.00 account receivables 21,118.00 45,051.00 inventory 25,693.00 53,441.00 gross property plant and equipment 200,000.00 232,000.00 accumulated depreciation (50,000.00) (57,000.00) net property plant and equipment 150,000.00 175,000.00 total assets 200,565.00 279,236.00 Liabilities year1 year2 account payable 5,139.00 10,688.00 income tax payable 1,714.00 4,982.00 short term bank loan 30,000.00 30,000.00 long term bank loan 50,000.00 100,000.00 Shareholder equity year1 year2 common stock 100,000.00 80,000.00 retain earnings 13,712.00 53,566.00 total liabilities and shareholder equity 200,564.00 279,236.00 why in balance sheet >> accumulated depreciation change from (50,000) to (57,000) gross PPE change from 200,000 to 232,000 however, why in income statement >>> depreciation expense change from 15,000 to 22,000 , depreciation should be 7,000 follow the change of accumulated depreciation right