The entry to record the retirement is: O Debit Accumulated Depreciation, Credit Machine O Credit Accumulated Depreciation, Debit Equipment Debit Machine, Debit Loss on Disposal, Credit Accumulated Depreciation Debit Accumulated Depreciation, Debit Loss on Disposal, Credit Machine O None of the above Depreciation expense for the end of year 2018 is: O $10,000 O $2,500 O $2,000 O $500 None of the above The cost of excavating a basement for a new building is added to the price of the land. o True O False