uestion 10 ot yet nswered arked out of 0 Arab Company applies revaluation accounting to plant assets with a book value of $950,000, a useful life of 5 years, and no salvage value. Depreciation is calculated on the straight-line basis. At the end of year 1, independent appraisers determine that the asset has a fair value of $900,000 The entry to record depreciation for this same asset in year two will include a Flag estion Select one: O debit to Depreciation Expense for $225,000. O debit to Accumulated Depreciation for $190,000. O credit to Accumulated Depreciation for $140,000 O debit to Depreciation Expense for $190,000