If a fixed asset, such as a computer, were purchased on January 1st for $1,643.00 with an estimated life of 5 years and a salvage or residual value of $142.00, what is the journal entry for monthly expense under straight-line depreciation? Select the correct answer. $25.02 $25.02 $25.02 $25.02 Depreciation Expense Accumulated Depreciation Accumulated Depreciation Depreciation Expense Accumulated Depreciation Depreciation Expense Depreciation Expense Accumulated Depreciation $300.20 $300.20 $300.20 $300.20