Question 17 0.5 pts On January 1, 2017, Winston Corporation purchased an industrial drill press for $80,000 cash. The expected life of the drill press is 4 years. Depreciation is calculated using the straight-line method. Which of the following journal entires could be used to record depreciation for 2020? Dr: Depreciation Expense $20,000 Cr: Accumulated Depreciation $20,000 Dr: Accumulated Depreciation $20,000 Cr: Property, Plant and Equipment $20,000 Dr: Depreciation Expense $20,000 Cr: Property, Plant and Equipment $20,000 Dr: Accumulated Depreciation $20,000 Cr: Depreciation Expense $20,000