Chen Company Chen Company Office Equipment Costs $10,000, Has an Expected

Chen Company Chen Company office equipment costs $10,000, has an expected life of four years and a salvage value of $400.The firm has depreciated this asset on a straight-line basis.The firm has recorded depreciation for two years and then sells the equipment at midyear in the third year.
What is the entry to record depreciation charges up to the date of sale for Chen Company?

A) Depreciation Expense ...........................1,200
Accumulated Depreciation ............................1,200
B) Depreciation Expense ............................2,400
Accumulated Depreciation ...............................2,400
C) Accumulated Depreciation ........................1,200
Depreciation Expense ..................................1,200
D) Accumulated Depreciation ...........................2,400
Depreciation Expense ..................................2,400
E) Salvage Value .... ... ...........................1,200
Accumulated Depreciation ......................1,200