question content area if a fixed asset, such as a computer, were purchased on january 1 for $1,586 with an estimated life of 5 years and a salvage or residual value of $132, the journal entry for monthly expense under straight-line depreciation is a. account debit credit accumulated depreciation 24.23 depreciation expense 24.23 b. account debit credit depreciation expense 24.23 accumulated depreciation 24.23 c. account debit credit accumulated depreciation 290.80 depreciation expense 290.80 d. account debit credit depreciation expense 290.80 accumulated depreciation 290.80