Clark Company paid cash to purchase equipment on January 1, 2005. Select the answer that shows how the recognition of depreciation expense in 2006 would affect assets, liabilities, equity, net income, and cash flow (+ means increase, - decrease, and NA not affected).

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?