If a fixed asset, such as a computer, were purchased on January 1 for $1,893 with an estimated life of 5 years and a salvage or residual value of $154, the journal entry for monthly expense under straight-line depreciation is a. Accumulated Depreciation 347.80 Depreciation Expense 347.80 b. Depreciation Expense 28.98 Accumulated Deprecation 28.98 Depredation Expense 347.80 Accumulated Depreciation 347.80 d. Accumulated Depreciation 28.98 Depreciation Expense 28.98