Calculator If a fixed asset, such as a computer, were purchased on January 1st for $1,716 with an estimated life of 4 years and a salvage or residual value of $200, the journal entry for monthly expense under straight-line depreciation is 379.00 379.00 379.00 a. Depreciation Expense Accumulated Depreciation b. Accumulated Depreciation Depreciation Expense c. Accumulated Depreciation Depreciation Expense d. Depreciation Expense Accumulated Depreciation 379.00 31.58 31.58 31.58 Previous Next > All work saved. Submit Test for Grading