El eglobalsimedusg Question 2 (12 points) \\/ Saved These are the extracted balances from the balance sheet as at 31 December 2019: 35 'Motor vehicle 80,000 Less: Accumulated 5,000 Depreciation 75,000 New motor vehicle costing $30,000 was acquired in 1 October 2019. There was no disposal during the i year. Depreciati'On of motor vehicle is over 5 years :7\" using the redticing balance method at a rate of520%: The scrap value of motor vehicle at the end of its \\ useful life is expected to be $8,000. Assume no depreciation has been recorded for the year. Which of the following are the correct journal entries to record the depreciation expense for motor vehicle as at 31 December 2019? DR Depreciation $1,100 Expense CR $1,100 Accumulated Depreciation 1\\' . O 2) DR Depreciation $1,500 , Expense - a \\ CR $1,500 Accumulated Depreciation DR $10,100 Depreciation / Expense }