Lumen OHM Assessment

The Shake Foundation has been making estimated depreciation entries monthly during the year in the amount of $1,000. At the end of the year, you calculate actual depreciation expense as $12,556. Which of the following would you propose as an adjusting journal entry?

debit depreciation expense $12,556, credit accumulated depreciation $12,556
debit accumulated depreciation $556, credit depreciation expense $556
debit depreciation expense $556, credit accumulated depreciation $556
debit depreciation expense $556, credit equipment $556.