Question: Depreciation will have what effect on ( 1 ) net income and ( 2 ) total assets? Group of answer choices ( 1 ) Decrease;

Depreciation will have what effect on (1) net income and (2) total assets?
Group of answer choices
(1) Decrease; (2) Increase
(1) Increase; (2) Increase
(1) Decrease; (2) Decrease
(1) Increase; (2) Decrease

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