The question is in word doc. Financial statement impact

Financial Statement Impact Haney Furniture purchased a delivery truck on January 1, 2014 for $60,000. The financial statement impact of the annual depreciation adjusting entry is illustrated using a slider that assumes different amounts for the annual depreciation. Click here to answer the following questions using the depreciation slider and your understanding of the depreciation adjustment process. If an answer is zero, enter "0". 1 The book value of the delivery equipment will be( declining, increasing, staying the same) . time. over 2 The accumulated depreciation of the delivery equipment will be ( declining, increasing, staying the . same) over time. If the annual depreciation is $15,000, the book value of the delivery equipment on December 31, 3 2014 would be $ . 4 The depreciation expense for 2014 will be (less than, greater than, equal to) . depreciation balance on December 31, 2015. the accumulated If the annual depreciation were $5,000, the accumulated depreciation balance on January 1, 2014 5 would be $ . . If the annual depreciation were $10,000, the accumulated depreciation balance on December 31, 6 2014 would be $