Current Attempt in Progress

Waterway Company purchased equipment on January $1,2020$ at a total invoice cost of $$350000$; additional costs of $$7000$ for freight

and $$28000$ for installation were incurred. The equipment has an estimated salvage value of $$12000$ 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:

$$135200.$

$$138000$

$$154000$

$$149200$