Taft Industries recognized the annual cost of depreciation on its December 31, 2015, financial statements. Using the following horizontal financial statements model, indicate how this event affected the company€™s financial statements under the following two assumptions:
(1) The depreciation was on office furniture
(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. Also, in the Cash Flow column, indicate whether the cash flow is for operating activities (OA), investing activities (IA), or financing activities(FA).

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Assets Equity Event Manuf. Office Com. Ret. No. Cash + Inventory +quiFurn. Stk. Ear. Rev. - Exp Net Inc. Cash Flow 2.