These are the extracted balances from the balance sheet as at 30 April 2021: $ Plant & machinery 250,000 Less: Accumulated Depreciation 70,000 180,000 A new machine costing $40,000 was acquired on 1 January 2021. There was no disposal during the year. The company depreciates its plant and machinery at a rate of 30% on net book value. If there is no depreciation charged for the year, which of the following are the correct journal entries to record the depreciation expense for plant and machinery as at 30 April 2021? O DR Depreciation Expense $38,000 CR Accumulated Depreciation $38,000 DR Depreciation Expense $40,000 CR Accumulated Depreciation $40,000 DR Depreciation Expense $46,000 CR Accumulated Depreciation DR Depreciation Expense CR Accumulated Depreciation $46,000 $43,000 $43,000