Gomez Company purchases a piece of equipment on Jan. 2, 2014, for $30,000. The equipment has an estimated life of eight years or 50,000 units of production and an estimated residual value of $3,000. Lester uses a calendar fiscal year. Using the straight-line method, what is the depreciation expense for 2014? Please show your computation clearly in the blank space after the question (4 Pts) Using the same information in question # 5, what will be the entry to record the amount of depreciation expense for 2014? a. debit to Depreciation Expense, 3,750credit to Cash, 3,750 b. debit to Depreciation Expense, 3,375; credit to Accumulated Depreciation, 3,375 c. debit to Depreciation Expense, 2,500 credit to Accumulated Depreciation, 2,500 d. debit to Accumulated Depreciation 2.250;credit to Cash, 2.250