Oregon Company is in the process of preparing its financial statements for 2024. Assume that no entries for any depreciation or accounting changes have been recorded in 2024. The following information related to depreciation of fixed assets is provided to you: Oregon purchased a machine on July 1, 2022, at a cost of $80,000. The machine has a salvage value of $8,000 and a useful life of 10 years. Oregon's bookkeeper recorded straight-line depreciation in 2022 and 2023 but erroneously assumed a useful life of 8 years. The entries to record the 2024 depreciation on the machine and the prior period adjustment will increase Accumulated Depreciation by: Select one: a. $4,500 b. $3,600 C. $10,800 d. $12,600 e. $5,400