2016, internal auditors discovered that Bowlinger, Inc., had debited an expense account for the $700,000 cost of a machine purchased on January 1, 2013. The machine's useful life was expected to be five years with no residual value. Straight-line depreciation is used by Bowlinger. The journal entry to correct the error will include a credit to accumulated depreciation of:

A. $140,000. B. $280,000. C. $420,000. D. $700,000.