Question: Last year Ace charged $ 4 , 8 6 9 , 8 6 7 Depreciation on the Income Statement of Andrews. If early this year

Last year Ace charged $4,869,867 Depreciation on the Income Statement of Andrews. If early this year Ace purchased a new depreciable asset, the effect on Andrews's financial statements would be (all other illems remaining equal):
Solect: 1
No impact on Net Cash from operations
Decrease Net Cash from operations on the Cash Flow Statement
Just impact the Balance Sheet
Increase Net Cash from operations
Last year Ace charged $ 4 , 8 6 9 , 8 6 7

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