A machine with a cost of $15,000, a salvage value of $6,000 and expected life of 20 years was purchased on September 1. For a calendar year company, the journal entry to record depreciation expense for the first year would be to: Round the final answer to the nearest dollar.) O A. debit Depreciation Expense, $38, credit Accumulated Depreciation, $38 O B. debit Depreciation Expense, $113 credit Accumulated Depreciation, $113 O C. debit Depreciation Expense, $150: credit Accumulated Depreciation, $150 O D. debit Depreciation Expense, $188; credit Accumulated Depreciation, $188