26 Trivette Company purchased new machinery costing $90,000 on January 1, 2020. The machinery is expected to have a 10-year useful life and have a $10,000 salvage value. of When recording the adjusting entry at the end of the year to record depreciation expense for the year, using the straight-line method of depreciation, which of the following are true? Check all that are true. Select one or more: The Depreciation Expense account is debited/increased The Accumulated Depreciation account is debited/decreased The Equipment account is credited/decreased The amount of depreciation expense is $8,000 The amount of depreciation expense is $9,000 The amount of depreciation expense is $10,000