A tool company purchased equipment at a cost of $100,000 in January, 2010. As of January 1, 2019, depreciation of $45,000 had been recorded on this asset. Depreciation expense for 2019 is $5,000. After the adjustments are recorded and posted at December 31, 2019, what are the balances for the Depreciation Expense and Accumulated Depreciation? Depreciation Expense a. $45,000 b. $5,000 c. $5,000 Cd $45,000 Accumulated Depreciation $45,000 $50,000 $45,000 $50,000