If a fixed asset, such as a computer, was purchased on January 1 for $2,225 with an estimated life of 5 years and a salvage or residual value of $162, the journal entry for the monthly expense under straight-line depreciation is

A.

Depreciation Expense	34.38
Accumulated Depreciation		34.38

B.

Accumulated Depreciation	412.60
Depreciation Expense		412.60

C.

Accumulated Depreciation	34.38
Depreciation Expense		34.38

D.

Depreciation Expense	412.60
Accumulated Depreciation		412.60