Victory Company purchases office equipment at the beginning of the year at a cost of $15,000. The machine is depreciated using the straight-line method. The machine's useful life is estimated to be 7 years with a $1,000 salvage value. The journal entry to record the first year's depreciation is: Multiple Choice Debit Accumulated Depreciation $2,143; credit Office Equipment $2,143. Debit Depreciation Expense $2,143, credit Accumulated Depreciation $2,143. Debit Office Equipment $2,000, credit Accumulated Depreciation $2,000. Debit Depreciation Expense $2,000, credit Accumulated Depreciation $2,000. Debit Depreciation Expense $2,000, credit Office Equipment $2,000