Vaughn Company purchased equipment for $32400 on December 1. it is estimated that annual depreciation on the equipment will be $8100. It financial statements are to be prepared on December 31, the company should make the following adjusting entry O Debit Equipment $32400. Credit Accumulated Depreciation, $32000. Debit Depreciation Expense 58100. Credit Accumulated Depreciation 58100 Debit Depreciation Expense 5675: Credit Accumulated Depreciation 5675 Debit Depreciation Expense, $24300 Credit Accumulated Depreciation$24300