On August 1 the Darius Co. purchased a photocopy machine for $8,000. The estimated annual depreciation on the machine is $1,680. If the company prepares annual financial statements on December 31, the appropriate adjusting journal entry to make on December 31 of the first year would be $1,680 O Depreciation Expense Accumulated Depreciation $1,680 $700 O Depreciation Expense Accumulated Depreciation $700 $700 O Depreciation Expense Equipment $700 $140 O Depreciation Expense Accumulated Depreciation $140