Crestfield leases office space for $6,000 per month. On January 3, the company incurs $33,000 to improve the leased office space. These improvements are expected to yield benefits for 4 years. Crestfield has 2 years remaining on its lease. What journal entry would be needed to record the expense for the first year related to the improvements? Multiple Choice O Debit Amortization Expense $8,250, credit Accumulated Amortization $8,250. Debit Depletion Expense $16,500; credit Accumulated Depletion $16,500. Debit Depreciation Expense $8,250; credit Accumulated Depreciation $8.250. OOOO Debit Depletion Expense $33,000 credit Accumulated Depletion $33,000. O Debit Amortization Expense $16,500, credit Accumulated Amortization $16,500