Driscoll Industries recognized the annual cost of depreciation on its December 31, 2018, financial statements. Using the following horizontal financial statements model, indicate how this event affected the company's GAAP-based financial statements under the following two assumptions:
(1) The depreciation was on office furniture and
(2) The depreciation was on manufacturing equipment. Indicate whether the event increases (I), decreases (D), or has no effect (NA) on each element of the financial statements.
Show accumulated depreciation as a decrease in the book value of the appropriate asset account.

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Assets Equity Event No. Cash + Inventory + Equip. + Furn. = Stk. + Ear. Rev.-Exp. = Net Inc. Manuf. Offlce Com. Ret. 2.