Crestfield leases office space. On January 3, the company incurs $25,000 to improve the leased office space. These improvements are expected to yield benefits for 10 years. Crestfield has 5 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 0 Debit Amortization Expense $2,500, credit Accumulated Amortization-Leasehold Improvements $2,500. 0 Debit Depletion Expense $5,000; credit Accumulated Depletion $5,000. 0 Debit Depreciation Expense $2,500; credit Accumulated Depreciation $2,500. 0 Debit Depletion Expense $25,000; credit Accumulated Depletion $25,000. 0 Debit Amortization Expense $5,000, credit Accumulated Amortization-Leasehold Improvements $5,000