In 2018, internal auditors discovered that Fay, Inc., had debited an expense account for the $2,970,000 cost of a machine purchased on January 1, 2015. The machine's useful life was expected to be 18 years with no residual value. Straight-line depreciation is used by Fay. The journal entry to correct the error will include a credit to accumulated depreciation of: Multiple Choice $495,000. $330,000. $165,000. $2,970,000