Pina Colada Corp purchased equipment for $16500 on December 1. It is estimated that annual depreciation on the computer will be $3300 If financial statements are to be prepared on December 31, the company should make the following adjusting entry: debit Depreciation Expense S275; credit Accumulated Depreciation. $275. O debit Depreciation Expense $13200: credit Accumulated Depreciation $13200. O debit Depredation Expense $3300; credit Accumulated Depreciation $3300 O debit Equipment $16500, credit Accumulated Depreciation, $16500