Entity D purchased equipment at a cost of $500,000 in January 2022. As of January 1, 2026, depreciation of $120,000 had been recorded on this equipment. Depreciation expense for 2026 is $30,000. After the adjustments are recorded and posted on December 31, 2026, what are the balances for the Equipment and Accumulated Depreciation? Equipment; Accumulated Depreciation $120,000; $ 30,000 $500,000; $ 30,000 $500,000; $150,000 $350,000; $-0