Equipment cost $150,000. Depreciation for the period is $80,000. What is the AJE? O a. Debit: Depreciation Expense $70,000; Credit: Accumulated Depreciation $70,000 O b. Debit: Depreciation Expense $80,000; Credit: Equipment $80,000 Oc. Debit: Depreciation Expense $80,000; Credit: Accumulated Depreciation $80,000 O d. Debit: Accumulated Depreciation: $80,000; Credit: Equipment $80,000