A company purchased machinery for $410,000 on July 1, 2021. The company also paid freight charges of $7,000 and installation costs of $8,000. It is estimated that the machinery will have a $25,000 salvage value at the end of its 10-year useful life. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used? $40,000 O $41,000 $58,950 O $57.750 O $60,000