Equipment was purchased for $86300on January 1, 2021. Freight charges amounted to $3800and there was a cost of $12000for building a foundation and installing the equipment. It is estimated that the equipment will have a $22000salvage value at the end of its 5-year useful life. What is the amount of accumulated depreciation at December 31, 2022 if the straight-line method of depreciation is used?