on the computer will be $3720. If financial statements are to be prepared on December 31, the company shouls 1. It is debit Equipment $18600: credit Accumulated Depreciation, 41600. O debit Depreciation Expense, $3720: credit Accumulated Depreciation, $3720 O debit Depreciation Expense, $14880; credit Accumulated Depreciation, $14880 O debit Depreciation Expense, $310; credit Accumulated Depreciation, $310