Mineeuota Company is in the procees of preparng its finandal statements for 2025 . Assume that no entries for any depreciation or accounting changes have been recorded in 2025. The following information related to depreciation of fored arsets is peonided to you. Mannesota purchased a machine on May 1,2023, at a cost of $130,000. The machene has a salvage value of $10,000 and a usetul 1 e of 3 years. Minnesota s bookkesper recorded straight -line depreciabon in 2023 and 2024 but erroneously assumed a usehd ife of 10 years. The entries to record the 2025 deprecaution on the machine and the priof period adgastmien wil increase Accumulated Depreciation by, Select one a. 518000 b. 52750 c. $21,000 d 520000 e. $21,607