Question 28 3 pts At the beginning of 2020, Golden State Corp. purchased a machine that had a 4-year useful life and $10,000 salvage value for $50,000. The company uses the straight-line depreciation method for all of its property, plant, and equipment. After closing the books for 2020, the accountant discovered that depreciation was calculated without deducting the machine's salvage value from its cost. What entry is needed to correct the 2020 depreciation expense? Depreciation Expense Accumulated Depreciation - Machines [Choose) Debit $10,000 Not included in the entry Credit $10,000 Credit $2,500 Debit $12,500 Debit $2,500 Credit $12,500 Retained Earnings