The following events apply to Tracey$$s Restaurant for the Year $1$ fiscal year:

Started the company when it acquired $$22,000$ cash from the issue of common stock.

Purchased a new cooktop that cost $$21,000$ cash.

Earned $$35,000$ in cash revenue.

Paid $$19,000$ cash for salaries expense.

Paid $$7,300$ cash for operating expenses.

Adjusted the records to reflect the use of the cooktop. The cooktop, purchased on January $1,$ Year $1,$ has an expected useful life of five years and an estimated salvage value of $$3,000.$ Use straight$-$line depreciation. The adjusting entry was made as of December $31,$ Year $1.$

Required

Record the events in general ledger accounts under an accounting equation.

What amount of depreciation expense would Tracey$$s report on the Year $2$ income statement?

What amount of accumulated depreciation would Tracey$$s report on the December $31,$ Year $2,$ balance sheet?

Would the cash flow from operating activities be affected by depreciation in Year $2?$