the Nash's Trading Post purchased equipment for $11,100 on December 1st it is estimated that annual depreciation on the computer will be $2,220 if financial statements are to be prepared on December 31st the company should make the following adjustment

a. increase equipment $11,100 and increase accumulated depreciation $11,100

b. increase depreciation expense $2,220 increase accumulated depreciation $2,220

c. increase depreciation expense $185 increased accumulated depreciation 185

d. increase depreciation expense $8,880 increase accumulated depreciation $8,880