Which description of Accumulated Depreciation is NOT CORRECT?

a)	It is placed on the balance sheet under assets, immediately after the related long-lived asset.

b)	The total value of a long-lived asset that you have used up since it was ready for use.

c)	It is a negative because it recognizes the amount used up from the long-lived asset account, such as Equipment.

d)	It is the total of all the depreciation expense since the asset was placed into use.

e)	It belongs in the element expense as it has been used, consumed or incurred to help generate revenue.