Blue Owl, Inc. purchased equipment for $17100 on December 1. It is estimated that annual depreciation on the computer will be $3420. If financial statements are to be prepared on December 31, the company should make the following adjusting entry: O A. debit Depreciation Expense, $13680; credit Accumulated Depreciation, $13680. B. debit Equipment, $17100; credit Accumulated Depreciation, $17100. OC.debit Depreciation Expense. $285; credit Accumulated Depreciation, $285. Snip OD. debit Depreciation Expense, $3420; credit Accumulated Depreciation, $3420. Nev Select the button