Attempt in Progress Splish Brothers Diamonds purchased a computer for $5400 on December 1. It is estimated that the useful life of the computer will be 2 years. If financial statements are to be prepared on December 31, the company should make the following adjusting entry debit Depreciation Expense. $2700; credit Accumulated Depreciation, $2700. O debit Depreciation Expense, $225;credit Accumulated Depreciation, $22 O debit Depreciation Expense. $225;credit Computer, $225 O debit Cash, $225;credit Accumulated Depreciation, $225