Crestfield leases office space. On January 3, the company Incurs $22,000 to Improve the leased office space. These Improvements are expected to yield benefits for 5 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 Debit Amortization Expense-Leasehold improvements 54,400;credit Accumulated Amortization consehold improvements $4,400 Debit Depletion Expense SH4000, credit Accumulated Depletlon 51.000. Debt Depreciation Expense 54,400;credit Accumulated Depreciation 54,400. Debt Depletion Expense $22.000 credit Accumulated Depletion $22.000 Debit Amortization Expense Leasehold improvements 51000 credit Accumulated Amortization Leasehold improvements 511000