Bramble Company purchased equipment on January 1, 2020 at a total invoice cost of $347000; additional costs of $5000 for freight and $32000 for installation were incurred. The equipment has an estimated salvage value of $11000 and an estimated useful life of five years. The amount of accumulated depreciation at December 31, 2021 if the straight-line method of depreciation is used is:

$136400.

$153600.

$134400.

$149200.