If a fixed asset, such as a computer, were purchased on January 1st for $2,004 with an estimated life of 3 years and a salvage or residual value of $161, the journal entry for monthly expense under straight-line depreciation is Oa. Accumulated Depreciation Depreciation Expense Ob. Depreciation Expense Accumulated Depreciation Oc. Depreciation Expense Accumulated Depreciation Od. Accumulated Depreciation Depreciation Expense 51.19 51.19 614.33 614.33 51.19 51.19 614.33 614.33